Use the following information to answer the given question. \(\begin{array}{c|c} \text{Net profit for the year} & N75.000\\ \text{Ordinary share capital of ...

Use the following information to answer the given question.
\(\begin{array}{c|c} \text{Net profit for the year} & N75.000\\ \text{Ordinary share capital of 50 kobo each} & N65,000\\ \text{10% Preference shares of 50 kobo each} & N100,000\end{array}\)
Dividend per ordinary share is