(b) Assuming there is a stated value, what is the stated value of the common stock? Stated value of the common stock $ per share (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 $48,000, what is the dividend rate on preferred stock? Dividend rate % (e) If dividends of $96,000 were in arrears on preferred stock, what would be the balance reported for retained earnings