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T Enterprises Balance Sheet (partial) At December 31, Year 4 1. How many shares of preferred stock have been issued? 2a. How many shares of

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T Enterprises Balance Sheet (partial) At December 31, Year 4 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2 b. How many of the common shares are outstanding? 3. If the common shares were issued at $19 per share, at what average price per share were the preferred shares issued? 4. If retained earnings at the beginning of the period was $1,475,000 and $358,000 was earned in net income, what was the amount of dividends declared during the year? \$ 5. What was the average cost per share of the treasury stock acquired? $

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