At December 31, 2019, the records of Bumper Corporation provided the following selected and incomplete data about the shareholders' equity section of the statement of financial position: Preference shares, 7%, $ par value, 500 shares authorized, issued, and outstanding $ 200,000 Ordinary shares, $80 par value, 7,000 shares authorized; cash collected in full, $510,000 480,000 Retained earnings 1,170,000 Treasury shares, cost of $20 per share 40,000 Required: (Show all calculations and round ALL answers to 2 decimal places.) a. What is the par value of Bumper Corporation's preference share per share? (1 mark) b. How many ordinary shares are outstanding? (3 marks) c. What was the average issue price per share of the ordinary share? (2 marks) d. What is the total amount of shareholders' equity? (2 marks) e. Assume the board of directors declares dividends totaling $43,000 to the shareholders. The preference share is cumulative, and no dividends were declared last year. Calculate the amount per share each class of share will receive. (4 marks) f. Assume Bumper Corporation reissued 200 treasury shares for cash of $6,000. Prepare the journal entry to record the transaction. Explanation for the journal entry is NOT required. (3 marks) ci Explain how the transaction in (t) affects the corporation's revenue or expense of the period and the effect on the shareholders equity