Flugel Company has 12,000 shares of $40 par, 5% cumulative preferred stock issued and outstanding; and 10,000 shares of $3 par, common stock issued and outstanding. The company began business in 2002 and has declared and paid the following in dividends: 2002, $10,000; 2003, $15,000; 2004, $65,000. How much in dividends will the common shareholders get, per share, in 2004? Use this information to answer the following