The year-end sheet for Maui corporation includes the following shareholder's equity section:

Shareholder's equity:

Capital stock:

7% cumulative preferred stock $100 par value,

callable at $105.....................................................$15,000,000

Common stock,$5 par value,5,000,000 shares

Authorized 4,000,000 shares issued......................$20,000,000

Additional paid in capital:

Preferred................................................................$300,000

Common.................................................................$44,000,000

Retained earning....................................................$64,450,000

Total stockholder's equity........................................$143,750,000

Because of the bad cash position corporations fails to pay dividend on preferred stockk for last 3 years so dividend arrears are?

Required: Calculate the dividend arrear on preferred stock.

Calculate the book value per share for common stock

The average sale price for common and preferred stock.