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Tota pala-in capital and retained earnings Less: Treasury stock (5,800 common shares) Total stockholders' equity 4,610,000 31,000 $4,579,000 From a review of the stockholders' equity

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Tota pala-in capital and retained earnings Less: Treasury stock (5,800 common shares) Total stockholders' equity 4,610,000 31,000 $4,579,000 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock per share (d) If the annual dividend on preferred stock is $39,270, what is the dividend rate on preferred stock? The dividend rate % (e) if dividends of $71,700 were in arrears on preferred stock, what would be the balance reported for retained e The Retained Earnings balance

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