Red company had stock outstanding as follows: 16,000 shares of $4 cumulative preferred stock of $100 par, and 20,000 shares of $20 par common. During its frist three years of operations, the following amounts were distributed as dividends; first year, $26,000; second year, 48,000; third, 180,000.

what is the dividend per share amount that the common share holders received in year 3?