Zale Corporation has outstanding 110,000 shares of 12 percent, $80 par-value cumulative preferred stock and 440,000 shares of no-par-value common stock.

1. During 2019, the corporation distributed dividends of $792,000. 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 $1,672,000. 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 | $ $ per preferred share 0.00 per common share 12.00 per preferred share per common share Preferred stock, Year 2020 Common stock, Year 2020