Monte Vista Landscape Company, Inc., has authorized capital of 3,500 shares of preferred 9 percent stock, $ 100 par value, and 35,000 shares of no-par-value common stock, stated value $ 20. The following account balances are taken from the Balance Sheet columns of the work sheet for the fiscal year ended December 31 of this year. The accounts are listed in alphabetical order.
Accounts Payable ...................... $589,723
Accounts Receivable .................... 718,347
Accumulated Depreciation, Building ............... 82,314
Accumulated Depreciation, Equipment ............ 133,814
Allowance for Doubtful Accounts ................ 22,705
Building ........................... 403,920
Cash ........................... 91,657
Common Stock ...................... 367,200
Common Stock Subscribed .................. 91,800
Equipment ......................... 295,137
Land .......................... 104,040
Merchandise Inventory ................... 491,314
Mortgage Payable (long-term) ................ 140,760
Notes Payable (current) .................... 55,692
Paid-in Capital in Excess of Par Value ............. 6,120
Paid-in Capital in Excess of Stated Value ........... 114,750
Patents ......................... 21,787
Preferred 9 Percent Stock ................. 253,900
Preferred 9 Percent Stock Subscribed ............ 52,000
Retained Earnings (credit balance) ............. 284,580
Subscriptions Receivable, Common Stock .......... 49,572
Subscriptions Receivable, Preferred 9 Percent Stock ...... 19,584

Required
1. Determine the number of shares of preferred 9 percent stock subscribed and issued.
2. Determine the number of shares of common stock subscribed and issued.
3. Prepare a classified balance sheet.