The shareholders' equity of Sarikas Company includes the items shown below. The board of directors of Sarikas declared cash dividends of $2.4 million, $6.0 million, and $47.6 million in each of its first three years of operation: 2022, 2023, and 2024, respectively.

Common stock, $1 par, 50,000,000 shares outstanding

Preferred stock, 6%, $100 par, 1,000,000 shares outstanding

Required:

Determine the amount of dividends per share on preferred and common stock for each of the three years. The preferred stock is cumulative and nonparticipating.

Note: Round your final answers to 2 decimal places.