Sanchez Company has 40,000 shares of 1% preferred stock of $100 par and 105,000 shares of $50 par common stock. The following amounts were distnbuted as dividends: Year 1 Year 2$439,000 Year 3$594,000 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