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The stockholder's' equity section of Cullumber Corporation's balance sheet at December $31$ is presented here.

Cullumber Corporation

Balance Sheet $($partial$)$

Stockholders' equity

Paid$-$in capital

Preferred stock, cumulative, $8,800$ shares authorized, $5,300$ shares issued and outstanding

From a review of the stockholders' equity section, answer the following questions.

$($a$)$ How many shares of common stock are outstanding?

Number of shares of common stock outstanding

$($b$)$ Assuming there is a stated value, what is the stated value of the common stock?

Stated value of the common stock $

pershare

$($c$)$ What is the par value of the preferred stock?

Par value of the preferred stock

$

per share

$($d$)$ If the annual dividend on preferred stock is $$42,400,$ what is the dividend rate on preferred stock?

Dividend rate

$\%$

$($e$)$ If dividends of $$84,800$ were in arrears on preferred stock, what would be the balance reported for retained earnings?

Balance reported for retained eamings $