The company with the common equity accounts shown here has decided on a two-for- one stock split. The firm's 67-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last year's dividend on the presplit stock. Common stock ($1 par value $ 225,000 Capital surplus Retained earnings 1,070,000 2,543,000 $ 3,838,000 Total owners' equity a. 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.) 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.) per share New par value Dividends per share last year