The stockholders' equity section of Sunland Company's balance sheet at December $31$ is presented here.

Sunland Company

Balance Sheet$($Partial$)$

Stockholders' equity

Paid$-$in capital

Preferred stock, cumulative, $12,000$ shares authorized, $8,400$ shares issued and outstanding

$$672,000$

Common stock, no par, $900,000$ shares authorized, $570,000$ shares issued

Total paid$-$in capital

Retained earnings

Total paid$-$in capital and retained earnings

Less: Treasury stock $(12,000$ common shares$)$

Total stockholders' equity

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?

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

$($d$)$ If the annual dividend on preferred stock is $$33,600,$ what is the dividend rate

on preferred stock?

$($e$)$ If dividends of $$67,200$ were in arrears on preferred stock, what would be the

balance reported for retained earnings?

$

per share

$

per share