Shown below is information relating to the stockholders' equity of Novake Corporation at December 31, 2010 8% cumulative preferred stock, $100 par, S 700,000 100,000 shares authorized, 7,000 shares issued. Common stock, $3 par, 1,000,000 shares authorized, 500,000 shares issued and outstanding. Additional paid-in capital: preferred stoc!.. Additional paid-in capital: common stoc. Retained earnings 1,500,000 400,000 500,000 800,000 From the above information, compute the following: 1 The total amount of legal capital: $ --wo The total amount of paid-in capital:S 17 000 ISu,000 100, 000 3 The average issue price per share of preferred stock: Sper share Paid u Capitau 00,000 4 100 pavvalue 4 The book value per share of common stock (assume current- year preferred dividends have been paid) su per share 5 The balance in Retained Eamings at the beginning of the year was $650.000, and there were no dividends in arrears. Net income for 2010 was $475,000. What was the amount of dividend declared on each share of common stock during 2010? S per share