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Shown below is information relating to the stockholders' equity of Churchill, Inc.: 6% cumulative preferred stock, $100 par Common stock, $10 par 1,000,000 shares authorized

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Shown below is information relating to the stockholders' equity of Churchill, Inc.: 6% cumulative preferred stock, $100 par Common stock, $10 par 1,000,000 shares authorized Additional paid-in capital; common stock Deficit (negative retained earnings) Dividends in arrears on preferred stock, 1 full year $1,200,000 $3,000,000 $6,000,000 ($1,200,000) ? From the above information, compute the following: (a) Number of shares of preferred stock issued and outstanding (b) Number of shares of Common stock issued and outstanding (c) Average issue price per share of common stock (d) Total paid-in capital (e) Total stockholders' equity (1) Book value per share of common stock

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