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Sabas Company has 32,000 shares of $100 par, 1% preferred stock and 87,000 shares of $50 par common stock issued and outstanding. The following amounts

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Sabas Company has 32,000 shares of $100 par, 1% preferred stock and 87,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Year 1: $470,000 Year 2: 449,000 Year 3: 582,000 Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividends per share Year 1 Year 2 Year 3 Preferred stock Common stock

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