Question 11 of 12 The stockholders' equity section of Cheyenne Corp.'s balance sheet at December 31 is presented here. $500,000 Cheyenne Corp. Balance Sheet(partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 10,000 shares authorized, 5,000 shares issued and outstanding Common stock, no par, 780,000 shares authorized, 530,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7.000 common shares) Total stockholders' equity 2,650,000 3,150,000 1,858,000 5,008,000 39,200 $4.968,800 From a review of the stockholders' equity section, answer the following questions. (a) Hamahatml ndandi tv 4 AW Question 11 of 12 -11 Less: Treasury stock (7,000 common shares) 39,200 Total stockholders' equity $4.968,800 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? shares (b) per shar (c) $ I per shar Assuming there is a stated value, what is the stated value of the common stock? What is the par value of the preferred stock? If the annual dividend on preferred stock is $55,000, what is the dividend rate on preferred stock? If dividends of $110.000 were in arrears on preferred stock, what would be the balance reported for retained earnings? (d) 96 le) $ e Textbook and Media Save for Later Attempts: unlimited Submit Answer: dtv AW