Question 1 of 7 View Policies < > Current Attempt in Progress The stockholders' equity section of Flounder Corp's balance sheet at December 31 is presented here. Flounder Corp. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 9,333 shares authorized, 5,600 shares issued and outstanding $582,400 Common stock, no par, 761,638 shares authorized, 589,000 shares issued 2,945,000 Total paid-in capital 3,527,400 Retained earnings 1,155,000 Total paid-in capital and retained earnings 4,682,400 Less: Treasury stock (6,700 common shares) Total stockholders' equity 35,733 $4,646,667 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock?