Convertible $$10$ preferred stock, no par value, $1,000,000$ shares athorized, $250,000$ shares issued and outstanding $$200$ per share iquidation preference

$$50,000$

Common stock, $$3$ par value, $40,000,000$ shares authorized

Additional paid$-$in capital

Retained earnings

Total stockhoiders' equity

Instructions

From this information, compute answers to the following questions.

a$.$ How many shares of common stock have been issued?

b$.$ What is the total amount of the annual dividends paid to preferred stock hotoines?

c$.$ What is the total amount of paid$-$in capital?