Selected T-accounts for Jade Mineral Corporation at December 31, 2023, are duplicated below. Preferred Shares, $6 cumulative 10,000 shares authorized 8,200 shares issued 198,440 198,440 Dec. 31/22 Bal. Dec. 31/23 Bal. Common Shares, 50,000 shares authorized 45,000 shares issued: 549,000 549,000 Dec. 31/22 Bal. Dec. 31/23 Bal. Retained Earnings 128,000 Dec. 31/22 Bal. ? Dec. 31/23 Bal. 13 Note: Dividends were not paid during 2021 or 2022. Dividends of $5.00 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? Dividends for preferred shareholders 2. Are there any dividends in arrears at December 31, 2022? If yes, calculate the dividends in arrears. Dividends in arrears 3. Calculate total dividends paid during 2023 to the a. Preferred shareholders b. Common shareholders Total Dividends 4. During 2023, the company earned profit of $410,000. Calculate the balance in the Retained Earnings account at the end of 2023. Retained earnings 5. Calculate Total Contributed Capital at the end of 2023. Total contributed capital 6. Calculate Total Equity at December 31, 2023. Total equity 7. How many more preferred shares are available for issue at December 31, 2023? Preferred shares. 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.) Issue price per share