Chapter 11 Questions 1 through 4 are based on the information provided below. National Furniture Company has 25,000 shares of 2% cumulative preferred stock, $75 par value; and 200,000 shares of $10 par value common stock. Total cash dividends paid out in Years 1 and 2 were $25,000 and $88,000 respectively.

Chapter 11 Question 1: (0.5 point) Required: Calculate the dividends per share for preferred stock in Year 1. Omit $ signs.

Chapter 11 Question 2: (0.5 point) Required: Calculate the dividends per share for common stock in Year 1. Omit $ signs.

Chapter 11 Question 3: (0.5 point) Required: Calculate the dividends per share for preferred stock in Year 2. Omit $ signs.

Chapter 11 Question 4: (0.5 point) Required: Calculate the dividends per share for common stock in Year 2. Omit $ signs. Express you answer in 2 places after decimal.