JRH Corporation presents the following partial balance sheet as of December 31, 2015.

Preferred stock, 100 par (8%. non-cumulative 100,000; shares authorized; ?? shares issued	$1,900,000
Capital in excess of par, preferred stock	106,000
Common stock, $5 par, 200,000 shares authorized, ?? shares issued	950,000
Capital in excess of par, common stock	1,970,000
Total contributed capital	$4,926,000
Retained earnings	1,170,000
Treasury Stock, 40,000 common shares, at cost	(340,000)
Total stockholders' equity	$5,756,000

1. How much capital did the company raise by issuing preferred stock?
2. How many shares of common stock were issued? What was the average issuing price )
3. Assume that the company announces that they are going to pay $200,000 dividends. The company did not pay dividends last year. How much will be paid to the preferred stockholders?
4. How many shares of common stock are outstanding?