The following account balances were selected from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed:

	Common stock ($20 par value; 115,000 shares authorized, 43,000 shares issued, 37,000 shares outstanding)	$	860,000
	Additional paid-in capital		170,000
	Dividends declared and paid during the year		11,000
	Retained earnings at the beginning of the year		71,000
	Treasury stock at cost (6,000 shares)		(25,000	)

Net income for the year was $47,000. The stock price is currently $24.09 per share.

Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year

Compute and evaluate the dividend yield ratio.

Determine the number of shares of stock that received dividends.