Common Stock , $1 par	$2,100,000
Paid-in Capital in Excess of Par Common Stock	550,000
Preferred 8 % Stock, $50 par	1,700,000
Paid-in Capital in Excess of ParPreferred Stock	950,000
Retained Earnings	2,350,000
Treasury Common Stock (25,000 shares)	250,000

Please show calculations:

1. What is the number of issued common shares?

2. What is the number of outstanding common shares?

3. What are the total annual dividends on the preferred shares?

4. Do investors of common and preferred shares care about the par value number? Explain.

5. What is total owners equity?