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The stockholders' equity section of Novak Corpis balancesheet at December 31 is presented here: Total stockholders' equity $5,513,200 From a review of the stockholders' equity

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The stockholders' equity section of Novak Corpis balancesheet at December 31 is presented here: Total stockholders' equity $5,513,200 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? shares (b) Assuming there is a stated value, what is the stated value of the common stock? per share (c) What is the par value of the preferred stock? per share (d) If the annual dividend on preferred stock is $103,680, what is the dividend rate on preferred stock? (e) If dividends of $207,360 were in arrears on preferred stock, what would be the balance reported for retained earnings

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