The balance sheet caption for common stock is the following: Common stock, $4 par value, 2,050,000 shares authorized, 1,670,000 shares issued, 970,000 shares outstanding $? Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.11 per share. c. What accounts for the difference between issued shares and outstanding shares? a. Amount b. Cash dividend Difference between issued shares and outstanding shares c