Required information [The following information applies to the questions displayed below.] Permabilt Corporation was incorporated on January 1,2022 , and issued the following stock for cash: - 1,300,000 shares of no-par common stock were authorized; 280,000 shares were issued on January 1, 2022, at $22 per share. - 350,000 shares of $120 par value, 9.00% cumulative, preferred stock were authorized; 133,000 shares were issued on January 1,2022 , at $128 per share. - No dividends were declared or paid during 2022 or 2023 . However, on December 22,2024 , the board of directors of Permabilt Corporation declared dividends of $5,670,000, payable on February 12,2025 , to holders of record as of January 8,2025. b. Of the total amount of dividends declared during 2024 , how much will be received by preferred shareholders? Required information [The following information applies to the questions displayed below.] Permabilt Corporation was incorporated on January 1,2022 , and issued the following stock for cash: - 1,300,000 shares of no-par common stock were authorized; 280,000 shares were issued on January 1,2022 , at $22 per share. - 350,000 shares of $120 par value, 9.00% cumulative, preferred stock were authorized; 133,000 shares were issued on January 1, 2022, at $128 per share. - No dividends were declared or paid during 2022 or 2023 . However, on December 22,2024 , the board of directors of Permabilt Corporation declared dividends of $5,670,000, payable on February 12 , 2025, to holders of record as of January 8,2025. c. Calculate the common stock dividends per share declared during 2024. Note: Round your answer to 2 decimal places