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WW7S1001LAB031 mework Problem 11-26A Analyzing the stockholders' equity section of the balance sheet LO 11-2, 11-3,11-7 The stockholders' equity section of the balance sheet for

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WW7S1001LAB031 mework Problem 11-26A Analyzing the stockholders' equity section of the balance sheet LO 11-2, 11-3,11-7 The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows Stockholders' Equity Paid-in capital Preferred stock, ? par value, 4% cumulative, 190, 000 shares authorized, 49,000 shares issued and outstanding $490, 000 Common atock, $15 atated value, 240,000 shares authorizod, 49,000 shares issued and outstanding 735, 000 Paid-in capital in excess of par Preferred 39, 000 147,000 Paid-in capital in excess of atated value-Common Total paid-in capital Retained earnings Total stockholders equity ww.,411,000 1,751, 000 Note: The market value per share of the common stock is so, and the market value per share of the preferred stock eszt 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 (iprice for which the stock was issued) of the common stock? (Round your answer to 2 decimal places.) e. If Mann declares a 2-for-1 stock split on the common stock, how many shares will be outstanding after the split? What amount wii be transferred from the retained eamings account because of the stock split? Theoretically, what will be the market price of the common stock immediately after the stock spie

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