The stockholders' equity section of Haley Corporation at December 31 is as follows. From a review of the stockholders' equity section, as chief accountant, write a memo to the president of the company answering the following questions (a) How many shares of common stock are outstanding? (b) Assuming there is a states value, what is the stated value of the common stock? (c) What is the per value of the preferred stock? (d) If the annual dividend on preferred stock is $30,000, what is the dividend rate on preferred stock? (e) If dividends of $60,000 were in arrears on preferred stock, what would be the balance in Retained Earnings