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The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any

The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.
Balance Sheet (Millions of $)
Assets
2021
Cash and securities
$3,000
Accounts receivable
15,000
Inventories
18,000
Total current assets
$36,000
Net plant and equipment
$24,000
Total assets
$60,000
Liabilities and Equity
Accounts payable
$17,160
Accruals
9,240
Notes payable
6,000
Total current liabilities
$32,400
Long-term bonds
$12,000
Total liabilities
$44,400
Common stock
$3,900
Retained earnings
11,700
Total common equity
$15,600
Total liabilities and equity
$60,000
Income Statement (Millions of $)
2021
Net sales
$66,000
Operating costs except depreciation
61,380
Depreciation
1,320
Earnings before interest and taxes (EBIT)
$3,300
Less interest
1,080
Earnings before taxes (EBT)
$2,220
Taxes (25%)
555
Net income
$1,665
Other data:
Shares outstanding (millions)
500.00
Common dividends (millions of $)
$582.75
Int. rate on notes payable & L-T bonds
6%
Federal plus state income tax rate
25%
Year-end stock price
$39.96
Refer to Exhibit 4.1. What is the firm's dividends per share? Do not round your intermediate calculations.

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