The stockholders equity section of Sarasota Corp.s balance sheet at December 31 is presented here.

SARASOTA CORP. Balance Sheet (partial)
Stockholders equity
Paid-in capital
Preferred stock, cumulative, 10,900 shares authorized, 6,500 shares issued and outstanding		$ 663,000
Common stock, no par, 734,000 shares authorized, 564,000 shares issued		1,692,000
Total paid-in capital		2,355,000
Retained earnings		1,180,000
Total paid-in capital and retained earnings		3,535,000
Less: Treasury stock (7,800 common shares)		41,600
Total stockholders equity		$3,493,400

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 common stock value per share in dollars per share

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

The par value of the preferred stock

$enter a preferred stock par value per share in dollars per share

(d) If the annual dividend on preferred stock is $53,040, what is the dividend rate on preferred stock?

The dividend rate

enter a dividend rate on preferred stock in percentages %

(e) If dividends of $72,300 were in arrears on preferred stock, what would be the balance reported for retained earnings?

The Retained Earnings balance

$enter a Retained Earnings balance in dollars