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Analysis of Stockholders' Equity

The Stockholders Equity section of the December 31, 2017, balance sheet of Carter Company appeared as follows:

Preferred stock, $50 par value, 10,000 shares authorized, ? shares issued	$400,000
Common stock, ? par, 20,000 shares authorized, 14,000 shares issued	280,000
Additional paid-in capitalPreferred	12,000
Additional paid-in capitalCommon	980,000
Additional paid-in capitalTreasury stock	2,000
Total contributed capital	$1,674,000
Retained earnings	80,000
Treasury stock, preferred, 200 shares	(12,800)
Total stockholders equity	$ ?

Required:

Determine the following items based on Carter's balance sheet. Round all calculations except per-share amounts to the nearest whole number; round per-share amounts to the nearest cent.

1. The number of shares of preferred stock issued ______ shares

2. The number of shares of preferred stock outstanding _________ shares

3. The average per-share sales price of the preferred stock when issued _______ per share

4. The par value of the common stock

________ per share

5. The average per-share sales price of the common stock when issued _________ per share

6. The cost of the treasury stock per share __________ per share

7. The total stockholders' equity ___________

8. The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value __________ per share