Exercise 11-4 The stockholders' equity section of Concord Corporation's balance sheet at December 31 is presented here. CONCORD CORPORATION Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 11,333 shares authorized, 6,800 shares issued and outstanding 707 200 2,845,000 Common stock, no par, 735,776 shares authorized, 569,000 shares issued Total paid-in capital 3,552,200 1,184,000 Retained earnings Total paid-in capital and retained earnings 4,736,200 37,333 Less: Treasury stock (7,000 common shares) $4,698,867 Total stockholders' equity From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock per share