Exercise 8-11 (Algo) Common stock balance sheet disclosure LO 8-1 The balance sheet caption for common stock is the following: Common stock, $4 par value, 2,760,000 shares authorized, 1,620,000 shares issued, 1,000,000 shares outstanding Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.26 per share. c. What accounts for the difference between issued shares and outstanding shares? a. Amount b. Cash dividend c. Difference between issued shares and outstanding shares $ ?