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Given the following information for Langs, Inc., calculate per share dividend dollar amount (that is, the dividends per share), rounded to the nearest cent (i.e.,

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Given the following information for Langs, Inc., calculate per share dividend dollar amount (that is, the dividends per share), rounded to the nearest cent (i.e., $5.21843 = $5.22) that the company paid out in 2020: Retained earnings reported on December 31, 2019 balance sheet: $4,216,800 Retained earnings reported on December 31, 2020 balance sheet: $4,326,800 Net Income reported on December 31, 2019 income statement: $658,700 Net Income reported on December 31, 2020 income statement: $547,900 Number of shares of common stock outstanding at the end of 2019: 206,600 shares Number of shares of common stock outstanding at the end of 2020: 220,000 shares

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