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: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends per share for preferred and common stock for the third year. Oa. $2.00 and 0.25 Ob. $4.50 and $0.90 Oc. $4.50 and 50.25 Od. $3.25 and $0.25 The charter of a corporation provides for the issuance of 103,624 shares of common stock. Assume that 39,914 shares were originally issued and 4,109 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared? Oa. $103,624 Ob. $4,109 Oc. $39.914 Od. $71,610