Sabas Company has 34,000 shares of $100 par, 3% preferred stock and 85,000 shares of $50 par common stock issued and outstanding. The following amounts were distributed as dividends: Year 1: $530,000 Year 2: 442,000 Year 3: 558,000 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 Year 2 Year 3 Preferred stock $ $ $ Common stock
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