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Omicron Products Company reported the following stockholders' equity on its balance sheet: (Click the icon to view the stockholders' equity information.) Read the requirements. Requirement

image text in transcribedimage text in transcribed Omicron Products Company reported the following stockholders' equity on its balance sheet: (Click the icon to view the stockholders' equity information.) Read the requirements. Requirement 1. What caused Omicron's preferred stock to decrease during 2022 ? Cite all possible causes. Preferred stockholders could have their preferred stock to . The second possibility is that the company preferred stock shares. Requirement 2. What caused the company's common stock to increase during 2022 ? Identify all possible causes. Omicron may have issued common stock: 1.) To preferred shareholders who their preferred shares. 2.) For 3.) To pay a Requirement 3. How many shares of Omicron's common stock were outstanding at December 31, 2022? There were million shares outstanding of Omicron's common stock at December 31, 2022. Data table

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