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 $200,000

Common stock, $10 stated value, 200,000 shares authorized, 100,000 shares issued and outstanding 1,000,000

Paid-in capital in excess of parPreferred 25,000

Paid-in capital in excess of stated valueCommon 500,000

Total paid-in capital $ 1,725,000

Retained earnings 420,000

Total stockholders equity $ 2,145,000

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?

\begin{tabular}{|l|l|l|} \hline a. & Par value per share & \\ \hline b. & Dividend per share & \\ \hline c. & Average issue price per share & \\ \hline e-1. & Shares outstanding after the split & \\ \hline e-2. & Amount transferred form retained earnings & \\ \hline e-3. & Market price of common stock after split & \\ \hline \end{tabular}