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Bookmarks Window Help Calculator Sanchez Company has 33,000 shares of 2% preferred stock of $100 par and 96,000 shares of $50 par common stock. The

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Bookmarks Window Help Calculator Sanchez Company has 33,000 shares of 2% preferred stock of $100 par and 96,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 Year 3 Determine the dividends per share for preferred and common stock for each year. Round the dividends per share to the nearest cent. 506,000 $464,000 $588,000 Year 1 Year 2 Year 3 Amount distributed Preferred dividend Common dividend Dividends per share Preferred stock Common stock All work saved MacBook Air 3

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