The stockholders equity section of Indigo Corporations balance sheet at December 31 is presented here.

INDIGO CORPORATION Balance Sheet (partial)
Stockholders equity
Paid-in capital
Preferred stock, cumulative, 11,833 shares authorized, 7,100 shares issued and outstanding		$ 710,000
Common stock, no par, 717,672 shares authorized, 555,000 shares issued		1,665,000
Total paid-in capital		2,375,000
Retained earnings		1,151,000
Total paid-in capital and retained earnings		3,526,000
Less: Treasury stock (7,000 common shares)		37,333
Total stockholders equity		$3,488,667

From a review of the stockholders equity section, answer the following questions.

(a) How many shares of common stock are outstanding?

Common stock outstanding

enter a number of shares shares

(b) Assuming there is a stated value, what is the stated value of the common stock?

The stated value of the common stock

$enter a dollar amount per share per share

(c) What is the par value of the preferred stock?

The par value of the preferred stock

$enter a dollar amount per share per share

(d) If the annual dividend on preferred stock is $49,700, what is the dividend rate on preferred stock?

The dividend rate

enter the dividend rate in percentages %

(e) If dividends of $71,400 were in arrears on preferred stock, what would be the balance reported for retained earnings?

The Retained Earnings balance

$enter the retained earnings balance in dollars