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Year 2: Sabas Company has 36,000 shares of $100 par, 3% preferred stock and 119,000 shares of $50 par common stock issued and outstanding. The

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Year 2: Sabas Company has 36,000 shares of $100 par, 3% preferred stock and 119,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Year 1: $539,000 429,000 Year 3: 550,000 Determine the dividends per share for preferred and common stock for each year. If required, round your answers to two decimal pieces. Dividends per share Year 1 Year 2 Year 3 Preferred stock Common stock

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