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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 por common stock. The following amounts were distributed

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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 por common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 90,000 Determine the dividends per share for preferred and common stock for the first year a $2.00 and $0.00 b. $0.50 and $0.00 c. $0.50 and $0.10 d. $0.00 and $0.10

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