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c. What was the average issue price UI CUP The year-end balance sheet of Columbus Products, Inc., includes the following stockholders equity section (with certain

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c. What was the average issue price UI CUP The year-end balance sheet of Columbus Products, Inc., includes the following stockholders equity section (with certain details omitted). LO11-4-L011-7 EXERCISE 11.5 Analyzing Stockholders' Equity Chapter 11 Stockholders' Equity Paid in Capital $ 15,000,000 Stockholders' equity: Capital stock 20,000,000 7% Cumulative preferred stock, $100 par value. Common stock. $5 par value, 5,000,000 shares authorized, 4.000.000 shares issued and outstanding. 44,000,000 64,450,000 $143,450,000 Additional paid-in capital Common stock ..... Retained earnings .. Total stockholders' equity .... From this information, compute answers to the following questions. a. How many shares of preferred stock have been issued? b. What is the total amount of the annual dividends to which preferred stockholders are en c. What was the average issuance price per share of common stock? d. What is the amount of legal capital and the amount of total paid-in capital? e. What is the book value per share of common stock, assuming no dividends in arrears? 1. Is it possible to determine the fair market value per share of common stock from the stock holders' equity section? Explain

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