Phillips 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 387,000 844 000 Fixed assets 1.069.000 $ 2,300,000 Total assets Liabilities and Stockholders' Equity 512.000 375.000 310.000 Accounts p Long term payable Common stock (310,000 shares at $1 par) Retained earnings 1.103.000 Total liabilities and stockholders' equity 2,300,000 From a legal perspective, what is the maximum amount of dividends per share the firm could pay? (Do not round intermediate calculations and round vour answer to 2 decimal places.) Dividends per share 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 Assume the firm earned an 15 percent return on stockholders' equity last year. If the board wishes to pay out 60 percent of earnings in the form of dividends, how much will dividends per share be? (Do not round intermediate calculations and round your answer to 2 decimal places.) Dividends per share