Q.5. The year-end balance sheet of LaserTech, Inc., includes the following stockholders' equity section (with certain detail omitted): Stockholders' equity: Rs. 8 cumulative preferred stock, Rs. 100 par value, callable at Rs. 103,200,00 Shares Rs. 6,000,000 authorized Common stock, Rs. 2 par value, 5,000,000 shares authorized: Issued Rs. 3,600,000 Subscribed 1.400.000 5,000,000 Additional paid-in capital: Preferred Rs. 240,000 Common (including 25.000.000 subscribed shares) 25,240,000 Retained Earnings 3,690,000 Total stockholders' equity Rs. 39,930,000 Assets of the corporation include subscriptions receivable, Rs. 5,600,000. INSTRUCTIONS On the Basis of this information, answer the following questions and show any necessary supporting computations: (20) How many shares of preferred stock have been issued? b. What is the total annual dividend requirement on the outstanding preferred stock? What was the average price per share received by the corporation for its common stock, including shares subscribed? d. What is the average amount per share that subscribers to common stock have yet to pay on their subscriptions? What is the total amount of legal capital, including shares subscribed? What is the total paid-in capital, including shares subscribed? What is the book value per share of common stock? (Assume no dividends in arrears.) h. Total dividends of Rs. 780,000 were declared on the preferred and common stock during the year, and the balance of retained earnings at the beginning of the year was Rs. 2,302,000. What was the amount of net income for the year? a. c. e. f. g