Convertible $10 preferred stock, no par value, 1,000,000 shares authorized, 250,000 shares issued and outstanding, $200 per share liquidation preference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 50,000

Common stock, $3 par value, 40,000,000 shares authorized ......................................................9,600

Additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76,800

Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,600

Total stockholders equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $187,000

Instructions

From this information, compute answers to the following questions:

How many shares of common stock have been issued?

What is the total amount of the annual dividends paid to preferred stockholders?

What is the total amount of paid-in capital?

What is the book value per share of common stock?