Question 6 4 pts A Company was formed on Jan 1, 2023 and had the following transactions during the year. The company has 500,000 shares of $0.50 par value common stock and 150,000 shares of $10 par value, 7% preferred stock authorized. The accountant has started preparing the company's Statement of Stockholders Equity for 2023 but did not include descriptions of the transactions. A Company Statement of Stockholders Equity December 31, 2023 Preferred Stock Common Stock Additional paid in Capital Retained Earnings Treasury Stock Total $0 $0 $0 $0 $0 $0 200,000 100,000 300,000 55,000 1,350,000 1,405,000 (19,000) (19,000) (34,500) 87,200 (34,500) 87,200 $200,000 $55,000 $1,450,000 $52,700 $ (19,000) ? Required: Using the partially completed Statement of Stockholders Equity above, determine the answer to the following questions and select your answer from the dropdown list. The preferred stock was issued for (total received) [Choose ] $1.90 The common stock was issued for (total received) If the company repurchased 1,000 shares of treasury stock, the price it paid PER SHARE is Net income for 2023 is $34,500 $52,700 $1,405,000 $87,200 $1,738,700 $300,000 Dividends declared and paid in 2023 is Total stockholders equity on Dec 31, 2023 is $1,000,000 $55,000 $19 $200,000 $1,776,700