Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Share capital: Preferred shares, $6 cumulative dividend, 151,000 shares issued and outstanding $15,100,000 Share capital: Common shares, 689,000 issued and outstanding 20,670,000 Retained earnings 22,750,000 1 Your answer is partially correct. No dividends were declared in 2018 or 2019; however, in 2020, cash dividends of $4,785,000 were declared. Calculate how much would be paid to each class of shares. Preferred Common Total $ 906000 $ O $ ta 906000 2018 arrears 2019 arrears 906000 906000 2020 906000 TA 2718000 $ Assuming that the number of common shares remained constant throughout 2020, what was the cash dividend per share distributed to the common shareholders? (Round answer to 2 decimal places, e.g. 4.62.) $ Cash dividend per share