Question 1 Stockholders equity: 8% preferred stock, $100 par value, 200,000 shares authorized. Common stock, $5 par value, 5,000,000 shares authorized Additional paid-in capital: Preferred stock. Common stock Retained earnings Total stockholders' equity. S 360,000 30,800,000 $12,000,000 14,000,000 31,160,000 2,680,000 $59,840,000 Required: Based on this information, answer the following questions. a. How many shares of preferred stock have been issued? b. What is the total annual dividend requirement on the outstanding preferred stock? c. How many shares of common stock have been issued? d. What was the average price per share received by the corporation for its common stock? e. What is the total amount of legal capital? f. What is the total paid-in capital? g. What is the book value per share of common stock?

Question 1 Required: Based on this information, answer the following questions. a. How many shares of preferred stock have been issued? b. What is the total annul dividend requirement on the outstanding preferred stoek? c. How many shires of common stock have been issued? id. What was the average price per share received by the corporation for its common stook? Whis the total amount of legal capital? f. What is the total paid-in capital? ahiat is tha bonk value ner share of common stock