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The stockholders' equity section of the balance sheet for Mann Equipment Company at December 31, Year 1, is as follows. Stockholders' Equity Paid-in capital Preferred stock, ? par value, 4% cumulative, 190,000 shares authorized, 49,000 shares issued and outstanding Common stock, $15 stated value, 240,000 shares authorized, 49,000 shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total paid-in capital Retained earnings Total stockholders' equity a. Note: The market value per share of the common stock is $30, and the market value per share of the preferred stock is $21. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? (Round your answer to 2 decimal places.) c. What was the average issue price per share (price for which the stock was issued) of the common stock? (Round your answer to 2 decimal places.) b. C $ 490,000 735,000 39,000 147,000 Par value per share Dividend per share Average issue price per share $ 1,411,000 340,000 $ 1,751,000

The stockholders' equity section of the balance sheet for Mann Equipment Company at December 31, Year 1 , is as follows. Note: The market value per share of the common stock is $30, and the market value per share of the preferred stock is $21. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? (Round your onswer to 2 decimal places.) c. What was the average issue price per share (price for which the stock was issued) of the common stock? (Round your answer to decimal ploces.) The stockholders' equity section of the balance sheet for Mann Equipment Company at December 31, Year 1 , is as follows. Note: The market value per share of the common stock is $30, and the market value per share of the preferred stock is $21. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? (Round your onswer to 2 decimal places.) c. What was the average issue price per share (price for which the stock was issued) of the common stock? (Round your answer to decimal ploces.)