Walla Company has common and preferred stock outstanding as follows:

Common stock:100,000 shares, $30 par value

8 percent preferred stock:10,000 shares, $100 par value

Dividends on preferred stock have not been paid for the last three years (in addition to the current year).

If the company pays a total of $120,000 in dividends, how much will the common stockholders receive per share if the preferred stock is not cumulative? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Dividend per share

$

How much will the common stockholders receive per share if the preferred stock is cumulative? (Omit the "$" sign in your response.)