Required information [The following information applies to the questions displayed below.] Ork's outstanding stock consists of 60,000 shares of cumulative 8.0% preferred stock with a $5 par value and also 280,000 shares of mmon stock with a \$1 par value. During its first four years of operation, the corporation declared and paid the following total cash vidends: (Round your "Dividend per Preferred Share" answer to 3 decimal places.)