Exercise 20.3 Computing dividends payable. LO 20-5 points Zale Corporation has outstanding 120,000 shares of 10 percent. $80 par value cumulative preferred stock and 420,000 shares of no par-value common stock ebook 1. During 2019, the corporation distributed dividends of $720,000. What amount will be paid on each share of preferred stock? What amount will be paid on each share of common stock? 2. During 2020, the corporation distributed dividends of $1494.000. What amount will be paid on each share of preferred stock? What amount will be paid on each share of common stock? (Round your answers to 2 decimal places.) Preferred stock, Year 2019 Common stock, Year 2019 Preferred stock, Year 2020 Common stock, Year 2020 per preferred Share per common share per preferred Share per common share