The company with the common equity accounts shown here has decided on a two-for-one stock split. The firms 43-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 15 percent over last years dividend on the presplit stock.

Common stock ($1 par value) Capital surplus Retained earnings $390,000 1,571,000 3,862,000 Total owners' equity $ 5,823,000 Requirement 1: What is the new par value of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) New par value per share Requirement 2: What was last year's dividend per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Dividends per share last year