Reinhardt furniture company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common stock. the following amounts were distributed as dividends: year 1 $70,000 year 2 200,000 year 3 320,000 determine the dividends per share for preferred and common stock for each year. if an answer is zero, enter '0'. round all answers to two decimal places.

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.