United Mobile Company has outstanding 20,000 shares of $100 par, 8% preferred stock and 250,000 shares of $1 par value common. The following schedule shows the amount of dividends paid out over the last 4 years.

Instructions
Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per share amounts using the formatshown.

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Assumptions Preferred, noncumulative, Preferred, cumulative, and fully participating and nonparticipating Preferred Preferred Year Common 2011 2012 2013 2014 Paid-out Common $100,000 150,000 235,000 635,00