Philips Rock and Mud is trying to determine the maximum amount of cash dividends it can pay this year. Assume its balance sheet is as follows: Assets Cash Accounts receivable Fixed assets S 372,000 852,000 1,080,000 Total assets S 2,304,000 Liabilities and Stockholders" Equity Accounts payable Long term payable Common stock (345,000 shares at $2 par) Retained earnings S 499,000 335,000 690,000 780,000 Total liabilities and stockholders' equity S 2,304,000 a-1. From a legal perspective, what is the maximum amount of dividends per share the firm could pay? (Do not round intermediate calculations and round your answer to 2 decimal places.) Dividends per share a 2. Is this realistic? O Yes O No b. In terms of cash availability, what is the maximum amount of dividends per share the firm could pay? (Do not round intermediate calculations and round your answer to 2 decimal places.) Dividends per share