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The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed CapitalPreferred Stock (par $20; authorized 10,000 shares,

The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts:

Contributed CapitalPreferred Stock (par $20; authorized 10,000 shares, ? issued,of which 1,000 shares are held as treasury stock)$108,000Additional Paid-in Capital, Preferred15,390Common Stock (no-par; authorized 20,000 shares, issued andoutstanding 6,200 shares)632,400Retained Earnings32,000Treasury Stock, 1,000 Preferred shares at cost9,600

Assume that no shares of treasury stock have been sold in the past.

Required:Complete the following statements.(Decreases should be indicated by a minus sign. Round per share to 2 decimal places.)

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The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) $ 108,000 Additional Paid-in Capital, Preferred 15,390 Common Stock (no-par; authorized 20,000 shares, issued and outstanding 6,200 shares) 632,400 Retained Eamings 32,000 Treasury Stock, 1,000 Preferred shares at cost 9,600 Assume that no shares of treasury stock have been sold in the past. Required: Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.) I The number of shares of preferred stock issued was _- The number of shares of preferred stock outstanding was _- The average issue price of the preferred stock was _- I-- _ a

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