Delta Tech Corporation$$s common shares are currently selling on a stock exchange at $$65\mathrm{.}55$ per share, and a recent balance sheet shows the following information:

Delta Tech Corporation

Equity Section of Balance Sheet

April $30,2023$

Contributed capital:

Preferred shares, $$2\mathrm{.}50$ cumulative, $2,400$ shares authorized, issued and outstanding $ $201,600$

Common shares, $6,000$ shares authorized, issued, and outstanding $144,000$

Total contributed capital $ $345,600$

Retained earnings $300,000$

Total equity $ $645,600$

Required:

Preparation Component:

$1.$ What is the market value of the corporation$$s common shares?

$2.$ How much capital was contributed by the residual owners of the company?

$3.$ If no dividends are in arrears, what are the book values per share of the preferred shares and the common shares?

$4.$ If two years$$ preferred dividends are in arrears, what are the book values per share of the preferred shares and the common shares? $($Round the final answers to $2$ decimal places.$)$

$5-$a$.$ If two years$$ preferred dividends are in arrears and the board of directors declares dividends of $$21,300,$ what total amount will be paid to preferred and common shareholders?

$5-$b$.$ What is the amount of dividends per share for the common shares? $($Round the final answer to $3$ decimal places.$)$