The stockholders' equity section of Bramble Corp's balance sheet at December 31 is presented here. Bramble Corp. Balance Sheet(Partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 20,000 shares authorized, 12,000 shares issued and outstanding $1,440,000 Common stock, no par, 860,000 shares authorized, 530,000 shares issued 2,650,000 Total paid-in capital 4,090,000 Retained earnings 1,858,000 Total paid-in capital and retained earnings 5,948,000 Less: Treasury stock (12,000 common shares) 76,800 Total stockholders' equity $5,871,200 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? shares (b) Assuming there is a stated value, what is the stated value of the common stock? $ per share (c) What is the par value of the preferred stock? $ per share (d) If the annual dividend on preferred stock is $158,400, what is the dividend rate on preferred stock? % (e) If dividends of $316,800 were in arrears on preferred stock, what would be the balance reported for retained earnings? $