The board of directors of Builders Equipment Corporaion (BEC) declared cash dividends of $3.2 million, $5.0 million, and $48.8 million in each of its first three years of operation: 2019, 2020, and 2021, respectively. BEC's shareholders' equity includes the items shown below.Common stock, $1 par, 50,000,000 shares outstandingPreferred stock, 5%, $100 par, 1,000,000 shares outstanding

Required:Determine the amount of dividends per share on preferred and common stock for each of the three years. The preferred stock is cumulative and nonparticipating. (Round your answer to 2 decimal places. For instance, if your answer is $12 per share, write 12.00. If your answer is 32 cents per share, write 0.32).