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8 Required information Part 2 of 6 [The following information applies to the questions displayed below.) The stockholders' equity section of The Seventies Shop is presented here. 0.66 points $ eBook THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity 20,000 100,000 120,000 53,000 (3,700) $169,300 Print References Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 2. How many shares of common stock have been issued? (Enter your answer in total number of shares, not in thousands.) Number of shares 24 Mc 3 3. Total paid-in capital is $120 million. At what average price per share were the common shares issued? Common share issued per share If retained earnings at the beginning of the period was $45 million and net income during the year was $9,907,500, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).) Dividends paid