Previous Page Next Page Page 24 of 48 Question 24 (5 points) Dakota Company has 40,000 shares of $100 par, 4% cumulative preferred stock and 100,000 shares of $70 par common stock. The following amounts were distributed as dividends: Year 1 $100,000 Year 2 200,000 Year 3 350,000 Determine the dividends per share for preferred and common stock for the second year. O s2.25 and $2.00 ss.00 and $2.00 so and 52.00 o 55.00 and so Page 24 of 48 Previous Page Next Page