= The stockholders' equity section of Sheffield Corp's balance sheet at December 31 is presented here. Sheffield Corp. Balance Sheet(partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 10,000 shares authorized, 5.000 shares issued and outstanding Common stock, no par, 790,000 shares authorized, 580,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (8.000 common shares) Total stockholders equity $500,000 2,900,000 3.400,000 1,858,000 5,258,000 46,400 $5,211,600 From a review of the stockholders' equity section, answer the following questions (a) shares (b) per share (c) How many shares of common stock are outstanding? Assuming there is a stated value, what is the stated value of the common stock? What is the par value of the preferred stock? If the annual dividend on preferred stock is $40,000, what is the dividend rate on preferred stock? If dividends of $80,000 were in arrears on preferred stock, what would be the balance reported for retained earnings? $ per share (d) % le) $ MacBook Pro