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Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, 2015: 7.0% cumulative preferred stock, $100 par $ 2,200,000

Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, 2015:

7.0% cumulative preferred stock, $100 par $ 2,200,000
Common stock, $10 par, 600,000 shares authorized, 188,000 shares issued and outstanding 1,880,000
Additional paid-in capital: common stock 1,504,000
Retained earnings (Deficit) (94,000)
Dividends in arrears 154,000

How many shares of preferred stock are issued and outstanding?

A. 220,000 shares.

B. 60,000 shares.

C. 18,800 shares.

D. 22,000 shares.

What was the original issue price per share of common stock?

A. $3.13 per share.

B. $10.00 per share.

C. $18.00 per share.

D. $5.64 per share.

What is total paid-in capital?

A. $5,336,000.

B. $5,678,000.

C. $5,584,000.

D. $5,490,000.

Total stockholders' equity is:

A. $5,584,000.

B. $5,336,000.

C. $5,490,000.

D. $5,678,000.

Book value per share of common stock (rounded to the nearest penny) is:

A. $18.00

B. $33.36

C. $10.00

D. $16.68

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