Sanchez Company has 31,000 shares of 5% preferred stock of $100 par and 120,000 shares of $50 par common stock. The following amounts were distributed as dividends:

Year 1	$497,000
Year 2	$476,000
Year 3	$568,000

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

		Year 1	Year 2	Year 3
Amount distributed		$__?	$__?	$__?
Preferred dividend		$__?	$__?	$__?
Common dividend		$__?	$__?	$__?
Dividends per share:
	Preferred stock	$__?	$__?	$__?
	Common stock	$__?	$__?	$__?