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 1,600.000 Average market price of common stock Tax rate 32 24% Number of common shares outstanding ($1 par) at 1-Jan-2024 Number of 3% non-cumulative preferred shares outstanding ($50 par) at year-end A 320.000 60.000 Each share of preferred shares is convertible into 2 shares of common stock Total Dividends Paid during 2024 178.000 Additional Information on Stock Transactions On April 1, 2024, Aztec Corp repurchased 27 thousand previously issued shares. On June 30, 2024, Azteca Corp Issued a 2:1 stock split. On September 1, Azteca Corp sold and issued an additional 17.5 thousand shares of common stock at $30 Shares Issuable per Bonds Series A Convertible Series B Convertible Face/Carrying Value Int Rate $1,000 Bond 750,000 650.000 5% 4% 10 10 Options and Warrants Options Warrants Number of shares issuable Exercise price 15,000 34 12.000 28