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

LEYLAND CORPORATION Balance Sheet (partial)
Stockholders equity
Paid-in capital
Preferred stock, cumulative, 9,667 shares authorized, 5,800 shares issued and outstanding		$ 597,400
Common stock, no par, 730,862 shares authorized, 565,200 shares issued		2,260,800
Total paid-in capital		2,858,200
Retained earnings		1,205,500
Total paid-in capital and retained earnings		4,063,700
Less: Treasury stock (7,270 common shares)		(38,773	)
Total stockholders equity		$4,024,927

From a review of the stockholders equity section, answer the following questions. (a) How many shares of common stock are outstanding?

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

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

(d) If the annual dividend on preferred stock is $35,844, what is the dividend rate on preferred stock?

(e) If dividends of $78,100 were in arrears on preferred stock, what would be the balance reported for retained earnings?