The following stockholders' equity accounts were taken from the balance sheet of LAH Corporation as of December 31, 2019 Common stock, $10 par value, 1,000,000 shares authorized, 400,000 shares issued and outstanding $4,000,000 Preferred stock, $100 par value, 7% cumulative, 50,000 authorized, ____? shares issued and outstanding 3,000,000 Paid in capital in excess of par - common 840,000 Paid in capital in excess of par - preferred 150,000 4,260,000 Retained earnings Dividends in arrears $105,000 Answer the following questions: 1. How many shares of preferred stock are issued and outstanding? 2. What is the average issue price per share of the common stock? What is the book value per share of the common stock as of 12/31/19? If LAH declares dividends totaling $450,000 next year how much of the dividend will be paid to common stockholders? 30,000 12.1