2. The stockholders' equity section of University Fashions is presented here University Fashions Balance Sheet (Stockholders' Equity Section) ($ in thousands) Stockholders' equity: Preferred stock, $50 par $50,000 value Common stock, $5 par $25,000 value Additional paid-in capital 120,000 Total paid-in capital 195,000 Retained earnings 140,000 (20,900) Treasury stock Total stockholders equity $314.100 Required (10) Based on the stockholders' equity section of University Fashions, answer the following questions. Remember that all amounts are presented in thousands 1. How many shares of preferred stock have been issued? 50,000/50 1000 2. How many shares of common stock have been issued? 25,000/5-5000 sumi share were the common shares issued? 3. the preferred shares were issued at what average price per par 4. If retained earnings at the beginning of the period was $120 million and net income during the year was $30 million, how much was paid in dividends for the year? 5. If the treasury stock was reacquired at $20 per share, how many shares were reacquired