Q No 1: A) Shown below is information relating to the stockholders' equity of Grant Corporation at December 31, 2009: Dividends have been declared and paid for 2009.

Answer the below given questions

a). Grant's total legal capital at December 31, 2009, is: b). The total amount of Grant's paid-in capital at December 31, 2009, is: c). The average issue price per share of Grant's preferred stock was: d). The book value per share of common stock is: e). The balance in Retained Earnings at the beginning of the year was $950,000, and there were no dividends in arrears. Net income for 2009 was $980,000. What was the amount of dividend declared on each share of common stock during 2009? f). On September 1, 2009, Maryland Corporation's common stock was selling at a market price of $200 per share. On that date, Maryland announced a 3 for 2 stock split. At what price would you expect the stock to trade immediately after the split goes into effect?

$600,000 $900,000 6% cumulative preferred stock, $100 par, 10,000 shares authorized, 6,000 shares issued Common stock, $3 par, 500,000 shares authorized, 300,000 shares issued and outstanding Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings $60,000 $1,900,000 $1,090,000