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Question Content Area Sabas Company has issued and outstanding 40,000 shares of $100 par, 1% preferred stock and 100,000 shares of $50 par common stock.

Question Content Area Sabas Company has issued and outstanding 40,000 shares of $100 par, 1% preferred stock and 100,000 shares of $50 par common stock.

The following amounts were distributed as dividends:

Year 1 $50,000

Year 2 90,000

Year 3 130,000

Determine the dividend per share for preferred and common stock for each year. If required, round your answers to two decimal places.

Dividend per share: Year 1 Year 2 Year 3
Preferred stock $fill in the blank 1 $fill in the blank 2 $fill in the blank 3
Common stock $fill in the blank 4 $fill in the blank 5 $fill in the blank 6

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