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6. Payments on long term debt 7 Payment of Dividend The stockholders equity section on the December 31 balance sheet of Pink Corporation reported the

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6. Payments on long term debt 7 Payment of Dividend The stockholders equity section on the December 31 balance sheet of Pink Corporation reported the following amounts: (5 pts) Contributed Capital Preferred Stock (par $100; authorized 50,000 shares, ? issued,of which 500 shares are held as treasury stock) Additional Paid-in Capital, Preferred $400,000 40,000 Common Stock (no-par; authorized 75,000 shares, issued and outstanding 35,000 shares) Retained Earnings Treasury Stock, 500 Preferred shares at cost 350,000 75,000 40,000 Complete the following statements 1. [The number of shares of preferred stock issued was 2. The number of shares of preferred stock outstanding was 3. The average issue price of the preferred stock was 4. The average issue price of the common stock was 5, The treasury stock cost per share was

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