1.

How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)

2.

How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.)

3.

If the common shares were issued at $15 per share, at what average price per share were the preferred shares issued?

4.

If retained earnings at the beginning of the period was $235 million and $15 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in millions.)

5.	What was the average cost per share of the treasury stock acquired?

The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital $4,500 15,000 363,000 Total paid-in capital Retained earnings Treasury stock, 10,000 common shares 382,500 273,000 (170,000) Total stockholders' equity 485,500