Sanchez Co. has 35,000 shares of 1% preferred stock of $100 par and 98,000 shares of $50 par common stock. The following amounts were distributed as dividends:

Year 1: $566,000

Year 2: $451000

Year 3: $511,000

Determine the dividends per share for preferred and common stock for each year. Round the dividends per share to the nearest cent.