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see the picture below, please fill in the five blank. The stockholders equity section of Sarasota Corp.'s balance sheet at December 31 is presented here.

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see the picture below, please fill in the five blank.

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The stockholders" equity section of Sarasota Corp.'s balance sheet at December 31 is presented here. SARASOTA CORP. Balance Sheet {partial} Stockholders' equity Paid-in capital Preferred stock, cumulative, 10,833 shares authorized, 6,500 shares issued and outstanding 1; 663,000 Common stock, no par, 729,310 shares authorized, 564,000 shares issued 1,92,000 Total paidin capital 2,355,000 Retained earnings 1,180,000 Total paid-in capital and retained earnings 3,535,000 Less: Treasury stock (?,800 common shares] 41,600 Total stockholders' equity $3,493,400 From a review ofthe stockholders" equity section, answer the following questions. (a) How many shares ofcommon stock are outstanding? Common stock outstanding w shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock l: $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock E $ per share (d) Ifthe annual dividend on preferred stock is $53,040, what is the dividend rate on preferred stock? EH} {ell If dividends of 95.72300 were in arrears on preferred stock, what would be the balance reported for retained earnings? 111E Retained Earnings balance E

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