The stockholders' equity section of Culver 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 \$ $ per share (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 $38,500, what is the dividend rate on preferred stock? Dividend rate % (e) If dividends of $77,000 were in arrears on preferred stock, what would be the balance reported for retained earnings? Balance reported for retained earnings $