Zero Calories Company has 1 6 0 0 0 shares of cumulative preferred 1 stock $ 4 0 par and 8 0 0 0 0 shares of $ 1 5 0 par common stock The following amounts were distributed as dividends Year 1 $ 2 1 6 0 0 Year 2 4 0 0 0 Year 3 1 0 0 8 0 0 Determine the dividends per share for preferred and common stock for each year