The company with the common equity accounts shown here has declared a 5-for-one stock split when the market value of its stock is $31 per share. The firms 70-cent per share cash dividend on the new (postsplit) shares represents an increase of 25 percent over last years dividend on the presplit stock.

Common stock ($1 par value) $ 405,000 Capital surplus 850,000 Retained earnings 3,760,800 Total owner's equity $ 5,015,800

What is the new par value per share? (Do not round intermediate calculations. 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. Round your answer to 2 decimal places, e.g., 32.16.) Dividend per share $