-11 Question 4 of 12 Current Attempt in Progress The stockholders' equity section of Monty Corp's balance sheet at December 31 is presented here. MONTY CORP Balance Sheet (partial) Stockholders' equity Pald.in capital Preferred stock, cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding $ 612,000 Common stock, no par. 739,000 shares authorized, 569,000 shares issued 2,276,000 Total pald.in capital 2,888,000 Retained earnings 1,164,000 Total paid-in capital and retained earnings 4,052,000 Less: Treasury stock (5.200 common shares) 28,000 Total stockholders equity $4,024,000 From a review of the stockholders' equity section, answer the following questions (a) How many shares of common stock are outstanding! Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (d) If the annual dividend on preferred stock is $48,960, what is the dividend rate on preferred stock? The dividend rate % (d) If the annual dividend on preferred stock is $48,960, what is the dividend rate on preferred stock? The dividend rate % (e) If dividends of $72,700 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $