Stockholder's Equity 8% Cumulative preferred stock, $100 par, 50,000 shs authorized. ??? issued $ 2,100,000 Common stock, $10 par 500,000 shares authorized, 150,000 issued $ 1,500,000 Additional paid-in capital, Common Stock $ 516,000 Preferred Stock $ 2,730,000 Total Paid in Capital Retained earnings Treasury Stock (4,000 shs at cost) Total Stockholders Equity ??? $ 1,280,000 $ (160,000) $ 7,966,000 Answer the following questions based on the stockholders' equity section given above. Write only your answer on the line, show work below. a. What is the total Legal Capital? b. What is total Paid in Capital? c. How many shares of common stock are outstanding? d. How many shares of preferred stock are issued and outstanding? i. Assume that retained earnings at the beginning of the year amounted to $1,200,000 and the net income for the year was $1,800,000. What was the dividend declared during the year on each share of common stock?