Year 1: Year 2: Sabas Company has 34,000 shares of $100 par, 6% preferred stock and 94,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: $491,000 451,000 574,000 Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividends per share Year 1 Preferred stock Year 3: Year 2 Year 3 Common stock The dedaration, record, and payment dates in connection with a cash dividend of $102,000 on a corporation's common stock are January 15. February 1s. and March 15. Joumalize the entries required on each date. If no entry is required, select "No Entry and leave the amount boxes blank. If an amount box does not require an entry, leave it blank Jan. 15 18 Feb. 15 Il do Mar 15 On April 2 a corporation purchased for cash 6,000 shares of its own $14 par common stock at $29 a share. It sold 4,000 of the treasury shares at $12 a share on June 10. The remaining 2,000 shares were sold on November 10 for $25 a share. a. Journalize the entries to record the purchase (treasury stock is recorded at cost). If an amount box does not require an entry, leave it blank Apr. 2 b. Journalize the entries to record the sale of the stock. If an amount box does not require an entry leave it blank, Jun 10 Nov. 10