Required Information Problem 10-48 Analyze the stockholders' equity section (LO10-7) [The following Information applies to the questions displayed below] The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity $ 9 17,00 64,680 81,600 50,000 (3,180) $128,500 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-48 Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares Problem 10-48 Part 2 2. How many shares of common stock have been issued? (Enter your answer In total number of shares, not in thousands.) Number of shares Problem 10-48 Part 3 3. Total pald-in capital is $81.60 million. At what average price per share were the common shares Issued? Common share issued per share Problem 10-48 Part 4 4. If retained earnings at the beginning of the period was $42 million and net income during the year was $12.543,000, how much was pald in dividends for the year? (Enter your answer in dollars not in millions. (.e., 5 should be entered as 5,000,000).) Dividends paid Problem 10-48 Part 5 5. If the treasury stock was purchase at $20 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.) Number of shares Problem 10-4B Part 6 6. How much was the dividend per share? (Hint Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.) Dividend per share