Apricot Corporation has 12,000 shares of 10%, $107 par noncumulative preferred stock outstanding and 27,000 shares of no-par common stock outstanding. At the end of the current year, the corporation declares a dividend of $220,000. What is the dividend per share for preferred stock and for common stock? (Round your answer to the nearest cent.) The dividend per share is $10.70 to preferred stock and $25.23 to common stock. The dividend per share is $7.41 to preferred stock and $3.39 to common stock. The dividend per share is $10.70 to preferred stock and $3.39 to common stock. The dividend per share is $10.70 to preferred stock and $10.70 to common stock.