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XYZ Company has 5,000 shares of $75 par, 2% cumulative preferred stock, and 50,000 shares of $50 par common stock. The following amounts were distributed

XYZ Company has 5,000 shares of $75 par, 2% cumulative preferred stock, and 50,000 shares of $50 par common stock. The following amounts were distributed as dividends:

Year 1: $10,000

Year 2: 45,000

Year 3: 90,000

Determine the dividends per share for preferred and common stock for the first years

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