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Sanchet Company has 36.000 shares of greeted stock of $100 par and 107,000 shares of 50 par common stock. The following mounts were distributed to

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Sanchet Company has 36.000 shares of greeted stock of $100 par and 107,000 shares of 50 par common stock. The following mounts were distributed to Year $511.000 Year 2 $451.000 Year 5590,000 Determine the dividends per share for preferred and common stock for each year. Rount the dividendi per share to the nearest cent. Year 1 Year 3 Amount distributed Preferred dividend Year 2 Common dividend Dividends per share! Preferred stock E II Common stock

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