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BeatKoin Corporation was organized on January 1, 2020. During 2020, the corporation issued 100 shares of 6%, $30 par value cumulative preferred stock for $5,000
BeatKoin Corporation was organized on January 1, 2020. During 2020, the corporation issued 100 shares of 6%, $30 par value cumulative preferred stock for $5,000 and 900 shares of $1 par value common stock for $16,200. BeatKoin did not declare any dividends in 2020. During 2021, the company declared and paid $1,500 cash dividends. What amount of cash dividends did the common stockholders receive per share in 2021? Round to the nearest cents
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