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Sabas Company has issued and outstanding 33,000 shares of $100 par, 3% preferred stock and 117,000 shares of $50 par common stock. The following amounts
Sabas Company has issued and outstanding 33,000 shares of $100 par, 3% preferred stock and 117,000 shares of $50 par common stock. The following amounts were distributed as dividends: $536,000 451,000 Year 1 Year 2 Year 3 570,000 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 Common stock
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