Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, 2018:

6.0% cumulative preferred stock, $100 par	$	1,400,000
Common stock, $10 par, 440,000 shares authorized, 156,000 shares issued and outstanding		1,560,000
Additional paid-in capital: Common stock		780,000
Retained earnings (Deficit)		(78,000	)
Dividends in arrears		84,000

How many shares of preferred stock are issued and outstanding?

Multiple Choice

• 140,000 shares.

• 14,000 shares.

• 15,600 shares.

• 44,000 shares.

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

Multiple Choice

• $15.00 per share.

• $3.55 per share.

• $5.32 per share.

• $10.00 per share.

Total stockholders' equity is:

Multiple Choice

• $3,662,000.

• $3,818,000.

• $3,740,000.

• $3,578,000.