he company with the common equity accounts shown here has declared a 4-for-1 stock split when the market value of its stock is $40 per share. The firms 75 cent per share cash dividend on the new (postsplit) shares represents an increase of 25 percent over last years dividend on the presplit stock. Common stock ($1 par value) $ 450,000 Capital surplus 859,000 Retained earnings 3,850,800 Total owner's equity $ 5,159,800 What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New par value $ per share What was last year's dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividend per share $