Mike and Ike Company has 48,000 shares of $100 par, 1% preferred stock and 118,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $482,000 Year 2: 445,000 Year 3: 577,000 Determine the dividends per share for preferred and common stock for each year. Dividends per Share Year 1 Year 2 $ $ Preferred Stock [Select] [Select] $ $ Common Stock [Select] [Select] Year 3 $ [Select] [Select]