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6. The corporate charter of Llano Corporation authorizes the issuance of 25,000 shares of 5% cumulative preferred stock, $50 par, and 200,000 shares of $10

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6. The corporate charter of Llano Corporation authorizes the issuance of 25,000 shares of 5% cumulative preferred stock, $50 par, and 200,000 shares of $10 par common stock. At the end of the current year, the titles and balances of stockholders' equity accounts are as follows: Common Stock, 200,000 shares authorized, $700,000 600,000 1,250,000 100.000 $2,650,000 500,000 $3.150,000 70,000 shares issued and outstanding Paid-in capital in excess of par-common stock Preferred stock 25,000 shares issued and outstanding Pald m editalisfarpfared tock Total Paid-in capital Retained Earnings Total Stockholders' Equity (a) What is the amount of the annual dividend per share for preferred stock? (b) What was the average issue price per share of the common stock? (c) What was the average issue price per share of the preferred stock

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