The stockholders' equity section of Flounder Corp.'s balance sheet at December 31 is presented here. FLOUNDER CORP. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 9,300 shares authorized, 5,600 shares issued and outstanding $582,400 Common stock, no par, 759,000 shares authorized, 589,000 shares issued 2,945,000 Total paid-in capital 3,527,400 Retained earnings 1,155,000 Total paid-in capital and retained earnings 4,682,400 Less: Treasury stock (6,700 common shares) Total stockholders' equity 36,000 $4,646,400 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 $ (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share per share (d) If the annual dividend on preferred stock is $52,416, what is the dividend rate on preferred stock? The dividend rate % (e) If dividends of $72,600 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $