Sabas Company has issued and outstanding 38,000 shares of $100 par, 7% preferred stock and 105,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 Year 3 $488,000 466,000 527,000 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 3 Preferred stock Common stock $ $ Year 2 $ $

Sabas Company has issued and outstanding 38,000 shares of $100 par, 7% preferred stock and 105,000 shares of $50 par cemmon stock. The following amounts were distnbuted as dividends