The company with the common equity accounts shown here has declared a 5-for-1 stock split when the market value of its stock is $33 per share. The firm's 75-cent per share cash dividend on the new (postsplit) shares represents an increase of 20 percent over last year's dividend on the presplit stock. Common stock ($1 par value) Capital surplus Retained earnings $ 475,000 864,000 3,900,800 Total owner's equity $5,239,800 $ a. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 16.) b. 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.) New par value Dividend per share b