Sage Company has outstanding 2,600 shares of $100 par, 7% preferred stock and 14,600 shares of $10 par value common. The following schedule shows the amount of dividends paid out over the last 4 years. Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per-share amounts using the format shown below.

				Assumptions
				(a) Preferred, noncumulative, and nonparticipating				(b) Preferred, cumulative, and fully participating
Year		Paid-out		Preferred		Common		Preferred		Common
2018		$14,300		$		$		$		$
2019		$27,600		$		$		$		$
2020		$54,500		$		$		$		$
2021		$73,100		$		$		$		$