The balance sheet caption for common stock is the following: Common stock without par value, 4,860, 600 shares authorized, 800,000 shares issued, and 730,000 shares outstanding 53,609,000 Required: a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different c. If a cash dividend of $0.18 per share were declared, calculate the total amount of cash that would be paid to stockholde d. What accounts for the difference between issued shares and outstanding shares? Calculate the average price at which the shares were issued. Note: Round your answer to 2 decimal places