MY ANSWERS ARE NOT CORRECT SO PLEASE SOLVE ALL PARTS

The shareholders' equity section of GOLDENVALLEY Corporation's statement of financial position at December 31 is presented here. GOLDENVALLEY CORPORATION Statement of Financial Position (partial) Shareholders' equity Contributed capital $5 Preferred shares, cumulative, 10,000 authorized, 5.700 shares issued $570,000 Common shares, 750,000 authorized, 658,500 shares issued 2,634,000 Contributed surplus 98.000 Total contributed capital 3,302,000 Retained earnings 1,109,000 Total shareholders' equity $4,411,000 From your review of the shareholders' equity section above, answer the following questions. What is the average cost of the common shares? (Round the answer to 2 decimal places, e.g. 2.50.) Average Cost 3.90 per share What is the average cost of the preferred shares? Average Cost 100 per share LINK TO TEXT LINK TO TEXT Calculate the annual total dividend for preferred shares. Annual Dividend LINK TO TEXT LINK TO TEXT If dividends of $16,200 were in arrears on preferred shares, what would be the balance reported for retained earnings? Retained Earnings 1,095,000