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Stark Industries has 2000 shareholders as of 31 Dec 2020. On the same date, Stark Industries released its earnings. The earnings for the period is

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Stark Industries has 2000 shareholders as of 31 Dec 2020. On the same date, Stark Industries released its earnings. The earnings for the period is $1 million. The management decided to distribute all the earnings to the shareholders. On 25th March 2021 Stark Industries issued another 2000 shares to a new set of shareholders. On 31 Dec 2021 Stark Industries reported earnings of $1 million. The management again decided to distribute all its profit to shareholders. (6 Points) a. What is the dividend per share on 31 Dec 2020? b. What is the dividend per share on 31 Dec 2021? c. How does the dividend per share on 31 Dec 2021 affect the old shareholders? Explain clearly

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