41. The stockholders' equity section of Baylor Corporation's balance sheet at December 31 is presented here. BAYLOR CORPORATION Balance Sheet (partial) Stockholders' equity Paid-in capital $ 575,000 Preferred stock, cumulative, 10,000 shares authorized, 5,000 shares issued and outstanding Common stock, $5 par, 750,000 shares authorized, shares issued and outstanding Additional Paid-in capital, Common Stock Total paid-in capital Retained earnings Total paid-in capital and retained earnings 2,400,000 2,500,000 5,475,000 1,158,000 6,633,000 Less: Treasury stock (7,000 common shares) 35,000 InstAtelistockholders' equity $6.598.000 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are issued? (b) What is the par value of the preferred stock? (c) How many shares of common stock are outstanding? (d) What was the average price of the common stock issued? (e) What was the average purchase price for the T-Stock