Paid-in capital Haley Corporation Balance Sheet (partial) Preferred stock, 10,000 shares authorized, 6,000 shares issued and outstanding Common stock, no par, 750,000 shares authorized, 600,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (10,000 common shares) Total stockholders' equity Instructions $ 300,000 1,200,000 1,500,000 1,858,000 3,358,000 64,000 $3,294,000 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? b. Assuming there is a stated value, what is the stated value of the common stock? c. What is the par value of the preferred stock