If these shares had been assigned a stated value of $1 each, show how the caption here would be different. What accounts for the difference between issued shares and outstanding shares? Difference between issued shares and outstanding shares Required A Required B Required C Required D If a cash dividend of $0.13 per share were declared, calculate the total amount of cash that would be paid to stockholders. Total cash dividend Required B Required D > Exercise 8-12 (Algo) Common stock-calculate issue price and dividend amount LO 8-1, 8-3 The balance sheet caption for common stock is the following: Common stock without par value, 3,400,000 shares authorized, 750,000 shares $2,700,000 issued, and 670,000 shares outstanding Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $0.13 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares? Calculate the average price at which the shares were issued. Note: Round your answer to 2 decimal places