The balance sheet caption for common stock is the following: Common stock without par value, 3,000,000 shares authorised, 790,000 shares issued, and 730,000 shares outstanding $2,000,000 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 $0.13 per share were declared, calculate the total amount of cash that would be paid to stockholders d. What accounts for the difference between issued shares and outstanding shares? Required A Required B Required C Required D If these shares had been assigned a stated value of $1 each, show how the caption here would be different. Common stock at stated value of $1 per share; 3,000,000 shares authorized, 790,000 issued and 730,000 shares outstanding Additional paid in capital Total paid in capital $ 790,000 $ 790,000 Help Save & Exit Submin