Question: Balance Sheet ( partial ) table [ [ Stockholders ' equity ] , [ Paid - in capital ] , [ Preferred stock, cumulative,

Balance Sheet (partial)
\table[[Stockholders' equity],[Paid-in capital],[Preferred stock, cumulative, 12,300 shares authorized, 7,400 shares issued and outstanding,$740,000],[Common stock, no par, 760,000 shares authorized, 590,000 shares issued,1,770,000],[Total paid-in capital,2,510,000],[Retained earnings,1,151,000],[Total paid-in capital and retained earnings,3,661,000],[Less: Treasury stock (7,100 common shares),38,000],[Total stockholders' equity,$3,623,000]]
From a review of the stockholders' equity section, answer the following questions.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?
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 $66,600, what is the dividend rate on preferred stock?
Dividend rate %
(e) If dividends of $133,200 were in arrears on preferred stock, what would be the balance reported for retained earnings?
Balance reported for retained earnings
$
Balance Sheet ( partial ) \ table [ [

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