Problem 8-25A (Algo) Analyzing the stockholders' equity section of the balance sheet LO 8-2, 8-4, 8-5, 8-7 The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows. Stockholders' Equity. Paid-in capital Preferred stock, ? par value, 4% cumulative, 120,000 shares authorized, 42,000 shares issued and outstanding Paid-in capital in excess of par-Preferred $420,000 Common stock, $20 stated value, 170,000 shares authorized, 42,000 shares issued and ?? shares outstanding 840,000 32,000 105,000 $1,397,000 270,000 (27,000) Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings. Treasury stock, 2,000 shares Total stockholders' equity $1,640,000 Note: The market value per share of the common stock is $44, and the market value per share of the preferred stock is $14. Required a. What is the par value per share of the preferred stock? b. What is the dividend per share on the preferred stock? c. What is the number of common stock shares outstanding? d. What was the average issue price per share (price for which the stock was issued) of the common stock? f. If Mann Equipment Company declared a 2-for-1 stock split on the common stock, how many shares would be outstanding after the split? What amount would be transferred from the Retained Farmings account because of the stock split? Theoretically what would