QUESTION 18 Sabas Company has 20,000 shares of $100 par, $2 cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: Year 2: Year 3: $15,000 75,000 90,000 Determine the amount of dividends preferred stock should receive in Year 2. $15,000 $40,000 $65,000 $75,000 nnit Click Save All Ansuwers to save all answers