The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Note: The market value per share of the common stock is $40, and the market value per share of the preferred stock is $22. 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 declmal places.) c. What was the average issue price per share (price for which the stock was Issued) of the common stock? (Round your answer to 2 decimal places.)