The stockholders equity section of The Seventies Shop is presented here.

THE SEVENTIES SHOP Balance Sheet (partial)
($ in thousands)
Stockholders' equity:
Preferred stock, $50 par value	$	0
Common stock, $5 par value		20,000
Additional paid-in capital		100,000
Total paid-in capital		120,000
Retained earnings		53,000
Treasury stock		(3,700)
Total stockholders' equity	$	169,300

Based on the stockholders equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands.

Required:

1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of Shares:

2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of Shares:

3. Total paid-in capital is $120 million. At what average price per share were the common shares issued? Common share issued: ?/per share

4. If retained earnings at the beginning of the period was $45 million and net income during the year was $9,907,500, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).) Dividends paid:

5. If the treasury stock was reacquired at $20 per share, how many shares were reacquired? (Enter your answer in total number of shares, not in thousands.) Number of shares:

6. How much was the dividend per share? (Hint: Dividends are not paid on treasury stock.) (Round your answer to 2 decimal places.) Dividend: ?/per share