The common stock of Lang Corporation is selling on a stock exchange for $90 per share. The stockholders' equity of the corporation at December 31,20 consists of: Stockholders' equity Paid-in capital: $ 360,000 Preferred stock-9% cumulative, $120 par value, $120 liquidation value, 300 shares authorized, issued, and outstanding Common stock-$72 par value, 30,000 shares authorized, issued and outstanding Total paid-in capital $2.520,000 354.000 2,874000 Retained carnings Total stockholders' equity Assume that in liquidation the preferred stock is entitled to par value plus cumulative unpaid dividends. Required a. What is the total market value of all of the corporation's common stock? b. If all dividends have been paid on the preferred stock as of December 31,2011, what are the book values of the preferred stock and the common stock? c. If two years'dividends were due on the preferred stock as of December 31,2011, what are the book values of the preferred stock and common stock