doing oumal entries have been posted following is taken from the general ledger of improved Corp. on December 31, 2020 preferred stock. 3% cumulative, 51 par, 500,000 shares stored $5.000 Pad-n.capital in excess of par, preferred 1500 Common stock. $0.50 par 800.000 shares show 300.000 Paiden capital in excess of par, common 30.000.000 Retained earnings Treasury stock (12.000 shares) Answer each of the following questions in the space provided In each answer box, show your work for full credit and clearly label your answer Determine the average sale price for a share of preferred stock How many shares of common stock are outstanding What is the amount of total paid in capital? This is the fourth year of operations for improved Corp. and the first year that dividends were declared and paid. It was a very profitable year for improved Corp. and they declared and paid $100.000 inch dividends. Determine the amount of dividends paid to preferred stockholders Determine the amount of dividends paid to common stockholders