Corporation offers shares at the following par values:

Common @ $25/par

Preferred @ $60/par

Corporation issues 2000 shares of Common and 50% less of Preferred.

1) Sylvester spends a total of $5000 for Common and Preferred shares. He has purchased $3000 worth of Preferred. How many shares has he purchased of Common shares? How many shares of Preferred?

2). After his initial purchases Sylvester purchases 20% more of each, Common and Preferred. How much more did he spend on the purchases? What is the new total of shares owned?

3). Corporation offers a stock split on Common of 4:1. What is the par value of Sylvesters Common stock after the split? What is the total value of shares owned by Sylvester?

4.) Sylvester decides to sell of his Common shares and 1/3 of his preferred shares at their perspective share values. How much does he earn total on the sale?

5.) Following the sale of his shares Corporation offers a stock dividend on Common @5/share and on Preferred @$7/share. How much is Sylvesters total dividend?