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The stockholders' equity section of Flounder Corporation's balance sheet at December 3 1 is presented here. Flounder Corporation Balance Sheet ( partial ) Stockholders' equity

The stockholders' equity section of Flounder Corporation's balance sheet at December 31 is presented here.
Flounder Corporation Balance Sheet (partial)
Stockholders' equity
Paid-in capital
Preferred stock, cumulative, 11,200 shares authorized, 6,700 shares issued and outstanding
[$670,000],[1,707,000],[2,377,000],[1,155,000],[3,532,000],[32,500],[$3,499,500]
Total stockholders' equity
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 $46,900, what is the dividend rate on preferred stock?
Dividend rate
%
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