The company with the common equity accounts shown here has decided on a two-for-one stock split. The firms 41-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 15 percent over last years dividend on the presplit stock.

The company with the common equity accounts shown here has decided on a two-for-one stock split. The firm's 41-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 15 percent over last year's dividend on the presplit stock. Common stock ($1 par value) 430,000 1,551,000 Capital surplus Retained earnings 3,870,000 $5,851,000 Total owners' equity What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New par value per share What was last year's dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividends per share last year