10-4B Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Common stock, $5 par value Additional paid-in capital Total paid-in capital Preferred stock, $50 par value $ 0 11,000 15,400 26,400 44,000 (1,900) $68,500 Retained earnings Treasury stock Total stockholders' equity Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4B Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares Problem 10-4B Part 2 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares 2,200,000 Problem 10-4B Part 3 3. Total paid-in capital is $26.40 million. At what average price per share were the common shares issued? Common share issued $ 11 per share Problem 10-4B Part 4 4. If retained earnings at the beginning of the period was $36 million and net income during the year was $9,473,500, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).) Dividends paid Problem 10-4B Part 5 5. If the treasury stock was purchase at $20 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.) Number of shares Problem 10-4B Part 6 6. How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.) Dividend per share