The following items were shown on the balance sheet of McDonnell Corporation on December 31, 2018: $1100000 Common shares, no par value, unlimited number of shares authorized; shares issued $2 Preferred shares, no par value, cumulative, 20,000 shares authorized, 6,000 shares issued 120,000 Total Share Capital Retained Earnings $1,320,000 $440000 Instructions Complete the following statements and show your calculations. All of the common shares were issued at $5 per share. (a) The number of common shares issued was per share. (b) The preferred shares dividend was $ (c) If a $350000 dividend was declared, common stockholders would receive a dividend of (d) The average issue price of the preferred shares was $ (e) The total amount of cash and other assets paid to McDonnell Corporation in exchange for share capital, at December 31, 2018 was $