Required information Skip to question [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 $0 Common stock, $5 par value 20,000 Additional paid-in capital 100,000 Total paid-in capital 120,000 Retained earnings 53,000 Treasury stock (3,700) Total stockholders' equity $169,300 Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.)

3. Total paid-in capital is $120 million. At what average price per share were the common shares issued?

4. If retained earnings at the beginning of the period was $45 million and net income during the year was $9,907,500, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).)

5. If the treasury stock was purchased for $20 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.)

How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.)