On May $3,2023,$ the board of directors of New Hope Utilities Inc. voted to distribute $$2,000,000$ to the firm's stockholders.

If the firm has issued $50,000$ shares of $3\%$ preferred stock with a par value of $$25$ and $1,950,000$ shares of common stock outstanding, calculate the following.

$($Round all answers to the nearest cent.$)$

Dividend per share of preferred stock:

Dividend per share of common stock: