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Sabatino Company has 40,000 shares of $100 par, 1% preferred stock and 100,000 shares of $50 par common stock issued and outstanding. The following amounts

image text in transcribed Sabatino Company has 40,000 shares of $100 par, 1% preferred stock and 100,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal places

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