Pharoah Company Balance Sheet(partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding $600.000 Common stock, no par, 860,000 shares authorized, 560,000 shares issued 2,800,000 Total paid-in capital 3,400,000 Retained earnings 1,858,000 5.258,000 Total paid-in capital and retained earnings 41.600 Less: Treasury stock(8,000 common shares) $5,216,400 Total stockholders' equity From a review of the stockholders equity section answer 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? 5 (c) What is the par value of the preferred stock? Der har (d) If the annual dividend on preferred stock in $54,000, what is the dividend rate on preferred stock If dividends of $108,000 were in arrears on preferred stock, what would be the balance reported for retained earninus? le)