The following items were shown on the balance sheet of McKean Corporation on December 31,2014:

Shareholders equity

Share Capital

Common shares, no per value, unlimited and number of shares $15000000

Authorized; shares issued 180000

$3 preferred shares, redeemable at $130 cumulative

20,000 shares authorized,9000 shares issued 1680000

Total share capital..600000

Retained Earnings

Total shareholders equity..2280000

Instructions:

1. The number of common shares issued was
2. The preferred shares divided was $ per share
3. It would cost the company $ to redeem 1000 preferred shares
4. The average issue price of the preferred share was $
5. The total amount of cash and other assets paid to McKean Corporation in exchange for share capital, at December 31,2014 was $