The stockholders equity section of the XYZ Corporations balance sheet shows these balances in the capital stock accounts: Preferred Stock 5% $100 par cumulative $100,000. Common Stock $1 Par $ 1,000,000. The board of directors made the following dividend declarations and payments:

2013 $ 0 2014 $120,000 2015 $200,000 Required: Prepare a schedule showing the distribution of the dividends between preferred and common stockholders for all three years. Also indicate the dividend per share as well.