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Use the information bel Common Stock, $1 par Paid-in Capital in Excess of Par-Common Stock Preferred 8% Stock, $50 par Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Common Stock (15,000 shares at cost) $4,500,000 $ 550,000 $2,000,000 $ 400,000 $1,500,000 $ 150,000 6. The total stockholders' equity of Acme Corp. is a. $8,800,000 b. $8,950,000 C. $7,300,000 d. $7,450,000 7. The annual dividend on preferred stock for Acme Corp. is a. $160,000. b. $ 96,000. c. $ 80,000. d. $ 40,000 a 8. After paying the above dividend to preferred stock, the board of directors of Acme Corp. declared a dividend of 10 cents per share to common stockholders, which totals a. $505,000 20 b. $448,500 EDC c. $450,000 d. $435,000 20.000 standing on January 1, issued an