Francis, Inc., has the following stockholders' equity section in its November 30, 2016, balance sheet: Required: a. Calculate the amount of the total annual dividend requirement on preferred stock. Annual dividend b. Calculate the amount that should be shown on the balance sheet for preferred stock. Balance sheet amount c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding. Number shares issued Number shares outstanding d. On January 1, 2016, the firm's balance sheet showed common stock of exist105,000 and additional paid-in capital on common stock of exist234, 375. The only transaction affecting these accounts during 2016 was the sale of common stock. Calculate the number of shares that were sold and the selling price per share. e. Choose the transaction that resulted in the additional paid-in capital from treasury stock. Treasury stock was resold at a price greater than its cost. Treasury stock was purchased at a price greater than its cost. Treasury stock was resold at a price lessere than its cost. f. The retained earnings balance on January 1, 2016, was exist45, 150. Net income for the past 11 months was exist12,000. Preferred stock dividends for all of 2016 have been declared and paid. Calculate the amount of dividends on common stock during the first 11 months of 2016