(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 $_____

(c) What is the par value of the preferred stock?

The par value of the preferred stock $____

(d) If the annual dividend on preferred stock is $45,360, what is the dividend rate on preferred stock?

The dividend rate _____ %

(e) If dividends of $77,600 were in arrears on preferred stock, what would be the balance reported for retained earnings?

The Retained Earnings balance $_______

The stockholders'equity section of Swifty Corporation's balance sheet at December 31 is presented here. SWIFTY CORPORATION Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 12,000 shares authorized, 7,200 shares issued and outstanding Common stock, no par, 734,000 shares authorized, 564,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,500 common shares) Total stockholders' equity $ 756,000 1,692,000 2,448,000 1,187,000 3,635,000 40,000 $3,595,000