The stockholders' equity section of Bramble Corporation's balance sheet at December 31 is presented here. Bramble Corporation Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 8,500 shares authorized, 5,100 shares issued and outstanding $510,000 Common stock, no par, 720,000 shares authorized, 550,000 shares issued 1,650,000 Total paid-in capital 2,160,000 Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (5,000 common shares) Total stockholders' equity 1,148,000 3,308,000 26,600 $3,281,400 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? Stated value of the common stock (c) What is the par value of the preferred stock? Par value of the preferred stock $ per share per share (d) If the annual dividend on preferred stock is $30,600, what is the dividend rate on preferred stock? Dividend rate % (e) If dividends of $61,200 were in arrears on preferred stock, what would be the balance reported for retained earnings? Balance reported for retained earnings $