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Dividends Per Share Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 $28,500 2012 6,000 20Y3 110,000 Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter 'o'. Round all answers to two decimal places. Preferred Stock (dividends per share) $ 28,500 Common Stock (dividends per share) $ 6,000 2011 20Y2 2013 Feedback Check My Work Determine what amount of current dividends that preferred stock should receive per year. Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each class of stock. Effect of Stock Split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 325,000 shares of common stock outstanding, declared a 3-for-1 stock! split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $450 per share before the stock split, what would be an approximate market price per share after the split? per share