Azteca Corp $Co.$ is a manufacturer and distributer of precision navigation and guidance equipment.

The following is information about the company's earnings and securities on $31$ December $2024.$

$($Note: round all per share values to three decimal places$)$

Earnings and Shares

Net income

Average market price of common stock $($after taking into account the stock split$)$

Year$-$End market price of common stock $($after taking into account the stock split$)$

Tax rate

Number of common shares outstanding $($ $$1$ par$)$ at $1-$Jan$-2024$

Number of $5\%$ cumulative preferred shares outstanding $($ $$100$ par$)$ at year$-$end

Each share of preferred shares is convertible into $3$ shares of common stock

Total Dividends Paid during $2024$

$194,500$

Additional Information on Stock Transactions

On April $1,2024,$ Azteca Corp repurchased $27$ thousand previously issued shares.

On September $1,$ Azteca Corp sold and issued an additional $10$ thousand shares of common stock at

$$30.$

On November $1,$ Azteca Corp sold and issued an additional $18$ thousand shares of common stock at

$$29.$

Bonds

Series A Convertible

Series B Convertible

Options and Warrants

Number of shares issuable

Exercise price

Shares Issuable per

$$1,000$ Bond