Day Inc. has 5,245 shares of 6%, $100 par value cumulative preferred stock and 95,551 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock? Select the correct answer. O$31,470 in total O $5,733 in total O $5,245 in total O $60.00 per share The Dayton Corporation began the current year with a retained earnings balance of $12,900. During the year, the company corrected an error made in the prior year, which was a failure to record a depreciation expense of $2,253 on equipment. Also, during the current year, the company earned net income of $10,355 and declared cash dividends of $4,587. Compute the year end retained earnings balance. Select the correct answer. O $12,900 O $18,668 O $30,095 O $16,415 A corporation has 44,319 shares of $27 par value stock outstanding that has a current market value of $188 per share. If the corporation issues a 5-for- 1 stock split, determine the number of shares outstanding. Select the correct answer. 08,864 O 598,307 O221,595 O 44,319