Corporation offers shares at the following par values:

Common @ $25/par

Preferred @ $60/par

A 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. [A] How many shares has he purchased of Common shares?[B] How many shares of Preferred?

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

3). Corporation offers a stock split on Common of 4:1. [A] What is the par value of Sylvester's Common stock after the split? [B] 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.[A] 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. [A] How much is Sylvester's total dividend?