The balance sheet caption for common stock is the following:

Common stock, $$4$ par value, $2,700,000$ shares authorized, $1,600,000$ shares $ $?$ issued, $910,000$ shares outstanding

issued, $910,000$ 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\mathrm{.}23$ per share.

c$.$ What accounts for the difference between issued shares and outstanding shares?