The stockholders' equity section of Blue Spruce Corp's balance sheet at December 31 is presented here. BLUE SPRUCE CORP. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 12,300 shares authorized 7,400 shares issued and outstanding Common stock, no par, 760,000 shares authorized, 590,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,100 common shares) Total stockholders' equity $747,400 1,770,000 2,517,400 1,151,000 3,668,400 38,000 $3,630,400 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? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (d) If the annual dividend on preferred stock is $67,266, what is the dividend rate on preferred stock? The dividend rate (e) If dividends of $73,000 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $