Delta Tech Corporation's common shares are currently selling on a stock exchange at $56,55 per share, and a recent balance sheet shows the following information: Delta Tech Corporation Equity Section of Balance Sheet April 30, 2020 Contributed capitalt Preferred shares, $2.50 cumulative, 2,800 shares authorized, issued and outstanding Common shares, 5,000 shares authorized, issued, and outstanding Total contributed capital Retained earnings Total equity $207,200 30,000 $287,200 250,000 $537,200 Required: Preparation Component: 1. What is the market value of the corporation's common shares? Market value 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? Preferred book value per share Common value per share 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.) Preferred shares Common shares 5-a. If two years' preferred dividends are in arrears and the board of directors declares dividends of $22,750, what total amount will be paid to preferred and common shareholders? Preferred shares Common shareholders