A.) One company has $1,550,000 to distribute in dividends and did not distribute dividends the previous year. There are 190,000 shares of cumulative preferred stock that earn dividends at $0.85 per share and 800,000 shares of common stock.

How much money goes to preferred stockholders?

B.) A corporation has $1,210,000 to distribute in dividends and did not distribute dividends the previous year. There are 100,000 shares of cumulative preferred stock that earn dividends at $0.58 per share and 700,000 shares of common stock. How much per share does a common stockholder receive in dividends?

A common stockholder receives $______per share. (Round to the nearest cent as needed.)