The stockholders' equity section of Ayayai Corporation's balance sheet at December 31 is presented here. From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? Stated value of the common stock $ pershare (c) What is the par value of the preferred stock? Par value of the preferred stock per share (d) If the annual dividend on preferred stock is $43,200, what is the dividend rate on preferred stock? Dividend rate (e) If dividends of $86,400 were in arrears on preferred stock, what would be the balance reported for retained eamings? Balance reported for retained carnings $