A portion of the stockholders' equity section from the balance sheet of Walland Corporation appears as follows:

Stockholders' equity:
Preferred stock, 9% cumulative, $50 par, 39,000 shares authorized, issued, and outstanding	$	1,950,000
Preferred stock, 12% noncumulative, $100 par, 6,700 shares authorized, issued, andoutstanding		670,000
Common stock, $5 par, 450,000 shares authorized, issued, and outstanding		2,250,000
Total paid-in capital	$	4,870,000

Assume that all the stock was issued on January 1 and that no dividends were paid during the first two years of operation. During the third year, Walland Corporation paid total cash dividends of $736,000.

a.	Compute the amount of cash dividends paid during the third year to each of the three classes of stock.(Omit the "$" sign in your response.)

Cumulative dividends	$
Noncumulative dividends	$
Common stock	$

b.	Compute the dividends paid per share during the third year for each of the three classes of stock.(Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Cumulative dividends	$per share
Noncumulative dividends	$per share
Common stock	$per share

c.	What was the average issue price of each type of preferred stock?(Omit the "$" sign in your response.)

Cumulative preferred stock	$per share
Noncumulative preferred stock	$per share

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