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ok value per share and other computations Bo Shown below is information relating to the stockholders' equity of Silver Waste Management at December 31, 2015:

ok value per share and other computations

Bo

Shown below is information relating to the stockholders' equity of Silver Waste Management at December 31, 2015:

8% preferred stock,$150 par ,10,000 shares authorized and 6,000 issued. common stock,$6.50 par,500,000 shares authorized 400,000 shares issued and outstanding

Additional paid in capital: preferred stock

Additional paid in capital: common stock

Retained earnings (assume there are no dividend in arrears)

a) Silver's total legal capital at December 31, 2015, is $_______________.

(b) The total amount of Silver's paid-in capital at December 31, 2015, is $_________________.

(c) The average issue price per share of Silver's preferred stock was $_______.

(d) The book value per share of common stock is $__________ per share.

(e) The balance in Retained Earnings at the beginning of the year was $1,237,500, and net income for 2015 was $1,600,500. What was the amount of dividend declared on each share of common stock during 2015? $_______ per share

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