The stockholders' equity section of Swifty Corporation's balance sheet at December 31 is presented here. SWIFTY CORPORATION Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 12,000 shares authorized, 7,200 shares issued and outstanding Common stock, no par, 734,000 shares authorized, 564,000 shares issued $756,000 1,692,000 Total paid-in capital 2,448,000 Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,500 common shares) Total stockholders' equity 1,187,000 3,635,000 40,000 $3,595,000 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $ (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share per share (d) If the annual dividend on preferred stock is $45,360, what is the dividend rate on preferred stock?