The stockholders' equity section of the balance sheet for Mann Equipment Company at December $31,$ Year $1,$ is as follows.

Stockholders' Equity

Paid$-$in capital

Preferred stock, $?$ par value, $6\%$ cumulative, $100,000$ shares authorized, $10,000$

shares issued and outstanding

Common stock, $$10$ stated value, $200,000$ shares authorized, $100,000$ shares issued

and outstanding

Paid$-$in capital in excess of par$-$Preferred

Paid$-$in capital in excess of stated value$-$Common

Total paid$-$in capital

Retained earnings

Total stockholders' equity

$$200,000$

$1,000,000$

$25,000$

$500,000$

Note: The market value per share of the common stock is $$42,$ and the market value per share of the preferred stock is $$26.$

Required

a$.$ What is the par value per share of the preferred stock?

b$.$ What is the dividend per share on the preferred stock? $($Round your answer to $2$ decimal places.$)$

c$.$ What was the average issue price per share $($price for which the stock was issued$)$ of the common stock?

e$-1.$ If Mann declares a $2-$for$-1$ stock split on the common stock, how many shares will be outstanding after the split?

e$-2.$ What amount will be transferred from the retained earnings account because of the stock split?

e$-3.$ Theoretically, what will be the market price of the common stock immediately after the stock split?