Jo Billy co. as of 12/31/2022:

Common stock has a $1 par and18,000 shares issued. Treasury stock has 2,000 shares. Cumulative preferred stock is at 4%, $100 par, 4,800 shares issued, and outstanding. No preferred dividends were paid during 2021, but all dividends were paid prior to 2021. Then, The company’s board of directors approved a total dividend payment of $60,000 in 2022. What amount of dividends, per share, was paid to the common shareholders for 2022?

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