The stockholders equity section of Pharoah Corporation at December 31 is as follows: PHAROAH CORPORATION Balance Sheet (partial) Paid-in capital Preferred stock, cumulative, 14,500 shares authorized, 14,500 shares issued and outstanding $1,450,000 Common stock, $3 par, 760,000 shares authorized, 517,000 shares issued 1,551,000 Paid-in capital in excess of par common 206,800 Total paid-in capital 3,207,800 Retained earnings 1,875,000 Total paid-in capital an

The stockholders' equity section of Pharoah Corporation at December 31 is as PHAROAH CORPORATION Balance Sheet (partial) Paid-in capital Preferred stock, cumulative, 14,500 shares Common stock, $3 par, 760,000 shares Paid-in capital in excess of par - common Total paid-in capital Retained earnings 206,8003,207,8001,875,000 Total paid-in capital and retained 5,082,800 earnings Less: Treasury stock (20,500 common shares) Total stockholders' equity From a review of the stockholders' equity section, as chief accountant, answer How many shares of common stock are outstanding? Common stock outstanding shares At what average price per share was the common stock Average price $ per share What is the par value of the preferred stock? Par value $ per share If the annual dividend on preferred stock is $130,500, what is Dividend Rate % Since the inception of the company, what has been the total Total excess of net income over excess of net income over dividends declared? dividends declared $ If dividends of $174,000 were in arrears on preferred stock, Balance in Retained Earnings $