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On November 2 5 , 2 0 2 2 , the board of directors of Walker Bros Transportation Company voted to distribute $ 1 ,

On November 25,2022, the board of directors of Walker Bros Transportation Company voted to distribute $1,240,000 to the firm's stockholders.
If the firm has issued 150,000 shares of 4% preferred stock with a par value of $50 and 2,000,000 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:
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