Consider the following and determine the number of outstanding shares at each date:

			Outstanding shares:
January 1:		McNeil Company's balance sheet reveals that it is authorized to sell 825,000 shares of stock; 657,000 shares are issued and outstanding.
May 3:		McNeil issued an additional 22,000 shares of stock.
November 12:		McNeil Company's board of directors declared a dividend of $1,861,200 to be paid on December 15 to shareholders on record on December 3.
December 1:		McNeil purchased 30,000 shares of its own stock to be available for employee purchase.
December 3:		McNeil gathered the necessary data for all outstanding stockholders as of this date.
December 14:		McNeil Company sold 27,800 of its shares of treasury stock.
December 15:		McNeil paid the $1,861,200 dividend.

Calculate the dividend per share to be paid to each common stockholder, rounded to the nearest cent.

$		=	$ per share
	shares

Now, assume that the December 1 and December 14 transactions did not occur. Calculate the dividend per share in this case.

$		=	$ per share
	shares