D. Question 1 18 pts The following are selected accounts and balances from the records of Petunia Corporation on June 20, 2020. Common Stock, $13 par value, 74,000 shares authorized $806,000 128,000 Treasury Stock (8,000 common shares) Paid-in Capital in Excess of Par Value - Common Stock 173,000 Preferred Stock, 6%, 4,000 shares authorized, 3,000 shares issued 330,000 Retained Earnings 249,000 Paid-in Capital in Excess of Par Value - Preferred Stock 55,000 Instructions: Answer each of the following questions. How many shares of common stock are issued? shares How many shares of common stock are outstanding? shares What is the maximum number of preferred shares the company can sell according to the corporate charter? shares Assuming there is a par value, what is the par value of the preferred stock? $ What is the total amount of cash paid in to the corporation by stockholders in exchange for preferred stock? $ What is the total amount of net income that has been kept in the corporation? $ Calculate total stockholders equity. $ The board of directors declares a full annual dividend to preferred shareholders. How much total cash will be paid to preferred shareholders? $ The board of directors declares a $2 per share cash dividend on common stock. How much total cash will be paid to common shareholders? $