Business School V. Stockholders' equity (20%) The stockholders' equity section of the balance sheet of Creative Corporation at 31 December 2017 appears as follows: Stockholders equity $3 preferred stock, $100 par, 100,000 shares authorized, 8.000 shares issued Common stock, $3 par, 100,000 shares authorized. 50,000 shares issued, of which 5.000 are held in treasury Additional paid-in capital: $800,000 From issuance of preferred stock 160,000 330,000 6,000 From issuance of common stock From treasury stock transactions From common stock dividends Total paid-in capital S1.796.000 Retained earmings ($40,000 cost of treasury stock is not available for dividends) 750,000 $2,546,000 Less: Treasury stock (at cost, 5,000 common shares) Total stockholders' equity $2,506000 Answer the following questions based on the stockholders' equity section given above. (a) What is the total dollar amount paid annually as dividends to preferred stockholders? (b) What was the average issue price per share of common stock? (c) How many shares of common stock are outstanding? (d) What is the book value per share of the common stock