Stockholders' equity

Paid$-$in capital

Preferred stock, cumulative, $9,300$ shares authorized, $5,600$ shares issued and outstanding

From a review of the stockholders' equity section, answer the following questions.

$($a$)$ How many shares of common stock are outstanding?

Common stock outstanding

shares

$($b$)$ Assuming there is a stated value, what is the stated value of the common stock?

Stated value of the common stock $$,$ per share

$($c$)$ What is the par value of the preferred stock?

Par value of the preferred stock

$

pershare

$($d$)$ If the annual dividend on preferred stock is $$50,400,$ what is the dividend rate on preferred stock?

$($e$)$ If dividends of $$100,800$ were in arrears on preferred stock, what would be the balance reported for retained earnings?