Don't need to solve the problem f.

HANDOUT PROBLEM on Various Stock Information & Transactions Dunne Corporation had the following stockholders' equity amounts on December 31, 2020 (the end of their 8th year of business): $400,000 10,000 Preferred Stock, 5%, $40 par, 30,000 shares authorized, 10,000 shares issued, cumulative, nonparticipating Paid in Capital in Excess of Par Preferred Common Stock, $10 par, 1,000,000 shares authorized, 450,000 shares issued Paid in Capital in Excess of Par - Common Paid in Capital from Treasury Stock Accumulated Other Comprehensive Income Retained Earnings Treasury Stock (3,000 shares of Common) Total Stockholders' Equity 4,500,000 13,265,000 10,000 80,000 6,411,000 138,000 $24,538,000 Answer the following questions (please show and label your calculations). a. How much of a dividend should be paid to preferred stockholders each year? b. If Dunne chose to pay NO dividends at all in 2020, where should they report the dividends in arrears? c. How many shares of common stock are outstanding on December 31? d. Provide one reason Dunne might have Accumulated Other Comprehensive Income of $80,000. e. Provide an explanation how Dunne can have BOTH a Treasury Stock account ($138,000) and a Paid in Capital from Treasury Stock account ($10,000). f. If Dunne granted the company president the option to purchase 5,000 shares of common stock for $25 per share, what accounts above would change? g. If Dunne called in 6,000 shares of preferred stock for $42 per share and retired them with no plan to resell the shares, how much would net income change