Question 4 of 5 0.25/1 E View Policies Show Attempt History Current Attempt in Progress The stockholders' equity section of Splish Brothers Corporation at December 31 is as follows. SPLISH BROTHERS CORPORATION Balance Sheet (partial) $270,000 Stockholders' equity Paid-in capital Preferred stock, 10.000 shares authorized 4.500 shares issued and outstanding Common stock, no par, 750,000 shares authorized, 250,000 shares issued Total paid-in capital Retained earnings 1.500.000 1,770,000 2,030,000 Total paid-in capital and retained earnings 3,800,000 Less: Treasury stock (4.000 common shares) (60,000) Total stockholders' equity $3,740,000 From a review of the stockholders' equity section, answer the following questions. (a) Your answer is correct. How many shares of common stock are outstanding? Outstanding shares 246000 shares eTextbook and Media Attempts: 2 of 5 used (b) Assuming there is a stated value, what is the stated value of the common stock? Stated value of common stock $ mk per share eTextbook and Media Save for Later Last saved 39 seconds ago. Attempts: 0 of 5 used Submit Answer (c) What is the par value of the preferred stock? Par value of preferred stock $ per share e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (d) * Your answer is incorrect. If the annual dividend on preferred stock is $18.900, what is the dividend rate on preferred stock? Dividend rate on preferred stock % eTextbook and Media Save for Later Attempts: 1 of 5 used Submit