A)It would cost the company $____________ to redeem 1,000 preferred shares?

B)The preferred shares dividend was $____________ per share.

C)The number of common shares issued was _______________

The following items were shown on the balance sheet of McKean Corporation on December 31, 2014: Shareholders' Equity Share Capital Common shares, no par value, unlimited number of shapes authorized; shares Issued $1,200,000 $2 preferred shares, redeemable at $120, cumulative, 20,000 shares authorized, 6,000 shares issued .................................... m Total share capital ............................................................................................. 1,320,000 Retained Earnings .............................. ..... ...................................... 5mm Total shareholders' equity .............................................................................. W Instrgggigns: Complete the following statements shown below. All of the common shares were issued at $5 per share