The company with the common equity accounts shown here has decided on a two-for-one stock split. The firms 39-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 5 percent over last years dividend on the presplit stock.

Common stock ($1 par value)	$	450,000
Capital surplus		1,553,000
Retained earnings		3,874,000
Total owners equity	$	5,877,000

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 years 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 $