Question 3 View Policies Current Attempt in Progress The stockholders' equity section of Bridgeport Corp's balance sheet at December 31 is presented here. BRIDGEPORT CORP. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 9,000 shares authorized, 5,400 shares issued and outstanding Common stock, no par, 755,000 shares authorized, 585,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,800 common shares) Total stockholders' equity $556,200 2,925,000 3,481,200 1,150,000 4,631,200 36,300 $4,594,900 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? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (d) If the annual dividend on preferred stock is $44,496, what is the dividend rate on preferred stock? (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (d) If the annual dividend on preferred stock is $44,496, what is the dividend rate on preferred stock? The dividend rate (e) If dividends of $78,900 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $