The stockholders equity section of the balance sheet for Gator Company at December 31, 2014, is as follows:

Stockholders Equity
Paid-in capital
Preferred stock, ? par value, 4% cumulative,
270,000 shares authorized, 57,000 shares issued and outstanding	$	570,000
Common stock, $25 stated value, 320,000 shares authorized, 57,000 shares issued and ? outstanding		1,425,000
Paid-in capital in excess of parPreferred		47,000
Paid-in capital in excess of stated valueCommon		114,000
Total paid-in capital					2,156,000
Retained earnings					420,000
Treasury stock, 6,000 shares					(42,000	)
Total stockholders equity				$	2,534,000
What is the par value per share of the preferred stock? What is the dividend per share on the preferred stock? (Round your answer to 2 decimal places.)