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, 4% cumulative, 240,000 shares authorized, 54,000 shares issued and outstanding	$ 540,000
Common stock, $30 stated value, 290,000 shares authorized, 54,000 shares issued and outstanding	1,620,000
Paid-in capital in excess of parPreferred	44,000
Paid-in capital in excess of stated valueCommon	108,000
Total paid-in capital		$ 2,312,000
Retained earnings		390,000
Total stockholders equity		$ 2,702,000

Note: The market value per share of the common stock is $56, 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? (Round your answer to 2 decimal places.)

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?