After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. The company has 365,000 shares outstanding, and the stock currently sells for $38, If there are four seats in the current election, how much will it cost you to buy a seat? (Do not round intermediate calculations.) outstanding, and the stock curterou will be the only person votings to serve or Total cost References Worksheet Learning Objective: 08-03 Lay out the different ways corporate directors are elected to office. Difficulty: 1 Basic Section: 8.2 Some Features of Common and Preferred Stocks