Required information Problem 10-4A (Algo) Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Your Nesting Place is presented here. Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Required: 1. How many shares of preferred stock have been issued? 2. How many shares of common stock have been issued? 3. If the common shares were issued at $23 per share, at what average price per share were the preferred shares issued? 4. If retained earnings at the beginning of the period was $243,000,000 and $23,000,000 was paid in dividends during the year, what was the net income for the year? 5. What was the average cost per share of the treasury stock acquired