On December 31, 2020, Adelphi  Corporation has outstanding 1,000 shares of $100 par value, 6% cumulative and nonparticipating preferred stock, and 15,000 shares of $10 par value common stock. Preferred dividends were paid in 2018 but were not paid in 2019.  During 2020, Alpha distributed $40,000 in dividends. Use this information to determine for 2020 the dollar amount of dividends that will be distributed per Common Share.  Round answer to closest cent.