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5. (4 pts ) Weller, Inc. sold 1,000,000 shares of $10 par value common stock at $45. It subsequently repurchased 100,000 of those shares at $60 per share and then sold 70,000 of those shares at $75. The retained earnings was $850,000. Calculate the total amount of stockholders' equity given these transactions. 6. (12 pts) Shown below is information relating to the stockholders' equity of Novake Corporation at December 31, 2010: 8% cumulative preferred stock, $100 par, 100,000 shares authorized, 7,000 shares issued.. $ 700,000 Common stock, $3 par, 1,000,000 shares authorized, 500,000 shares issued and outstanding.... 1,500,000 Additional paid-in capital: preferred stock......... 400,000 Additional paid-in capital: common stock 500,000 Retained earnings... 800,000 From the above information, compute the following: The total amount of legal capital: $ 2 The total amount of paid-in capital: $ 3 The average issue price per share of preferred stock: $ per share 4 The average issue price per share of common stock: $ mmmmmmmmmper share 5 The book value per share of common stock (assume current-year preferred dividends have been paid) $ per share 6 The balance in Retained Earnings at the beginning of the year was $650,000, and there were no dividends in arrears. Net income for 2010 was $475,000. What was the amount of dividend declared on each share of common stock during 2010? $_ per share