mework Question 3 of 5 0.472 5192,000 1.160,000 1,352.000 Preferred stock cumulative 8.000 shares authorized, 4,800 shares issued and outstanding Common stock no par 870.000 shares authorized, 580.000 shares issued Totalpuld.in capital Related nines Total paid in capital and retained earnings Less Treasury stock (8.000.common shares) 1.858.000 3.210,000 52,800 Total stockholders equity $3,157,200 From a review of the stockholders equity section, as chief accountant write a memo to the president of the company answering the following questions (a) How many shares of common stock are outstanding? shares () Assuming there is a stated value, what is the stated value of the common stock? $ 2 per share c What is the par value of the preferred stock? per share % (d) If the annual dividend on preferred stock is $23,040, what is the dividend rate on preferred stock? If dividends of $46.080 were in arrears on preferred stock, what would be the balance in Retained Earnings? NUO $ (e) MacBook Air