The stockholders' equity section of Indigo Corporation's balance sheet at December 31 is presented here. Indigo Corporation Balance Sheet (partial) Stockholders' equity Paid-in capital \begin{tabular}{lr} Preferred stock, cumulative, 8,800 shares authorized, 5,300 shares issued and outstanding & $530,000 \\ Common stock, no par, 746,000 shares authorized, 576,000 shares issued & 1,728,000 \\ Total paid-in capital & 2,258,000 \\ Retained earnings & 1,152,000 \\ Total paid-in capital and retained earnings & 3,410,000 \\ Less: Treasury stock (5,000 common share $ ) & 26,700 \\ Total stockholders' equity & $3,383,300 \\ \hline \end{tabular} From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding 571000 shares (b) Assuming there is a stated value, what is the stated value of the common stock? Stated value of the common stock pershare (c) What is the par value of the preferred stock? Par value of the preferred stock pershare (d) If the annual dividend on preferred stock is $42,400, what is the dividend rate on preferred stock? Dividend rate \% (e) If dividends of $84,800 were in arrears on preferred stock, what would be the balance reported for retained earnings? Balance reported for retained earnings $