Selected T$-$accounts for Jade Mineral Corporation at December $31,2023,$ are duplicated below.

Preferred Shares, $$6$ cumulative

$10,000$ shares authorized

$8,800$ shares issued

$218,240$ Dec. $31/22$ Bal.

$218,240$ Dec. $31/23$ Bal.

Common Shares,

$50,000$ shares authorized

$45,000$ shares issued

$576,000$ Dec. $31/22$ Bal.

$576,000$ Dec. $31/23$ Bal.

Retained Earnings

$134,000$ Dec. $31/22$ Bal.

$?$ Dec. $31/23$ Bal.

Note:

Dividends were not paid during $2021$ or $2022.$ Dividends of $$5\mathrm{.}60$ per common share were declared and paid for the year ended December $31,2023.$

$2021$ was the first year of operations.

All shares were issued in the first year of operations.

Required:

Using the information provided, answer the following questions.

$1.$ What is the total amount of dividends that the preferred shareholders are entitled to receive per year?

$2.$ Are there any dividends in arrears at December $31,2022?$ If yes, calculate the dividends in arrears.

$3.$ Calculate total dividends paid during $2023$ to the:

$4.$ During $2023,$ the company earned profit of $$416,000.$ Calculate the balance in the Retained Earnings account at the end of $2023.$

$5.$ Calculate Total Contributed Capital at the end of $2023.$

$6.$ Calculate Total Equity at December $31,2023.$

$7.$ How many more preferred shares are available for issue at December $31,2023?$

$8.$ What was the average issue price per share of the preferred shares at December $31,2023?($Round the final answer to one decimal place.$)$