he stockholders' equity section of the balance sheet at the end of 2018 lem 8-25 Analyzing the stockholders' equity section of the balance sheet tockholders' equitsection of the balance sheet for Mann Equipment Co. at December 31.2016. is as follows Cl Stockholders' Equity Paid-in capital b. Preferred stock, ? par value, 6% cumulative, 100,000 shares authorized, 10,000 shares issued and outstanding Common stock, $10 stated value, 200,000 shares $ 200,000 authorized, 100,000 shares issued and ?? shares outstanding 1,000,000 25,000 500,000 Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total paid-in capital Retained earnings Treasury stock, 1,000 shares Total stockholders' equity $1,725,000 420,000 (13,000 $2,132,000 Note: The market value per share the smmon tock is $42, and the market value per share of the preferred stock is $26. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? c What is the number of common stock shares outstanding? d. What was the average issue price per share (price for which the stock was issued) of the common e. Explain the difference between the average issue price and the market price of the common stock. t. If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many ares would be outstanding after the split? What amount would be transferred from the Retained ings account because of the stock split? Theoretically, what would be the market price of the stock? Earni on stock immediately after the stock split