The stockholders’ equity section of Riverbed Corp’s balance sheet at December 31 is presented here

The stockholders’ equity section of Riverbed Corp’s balance sheet at December 31 is presented here. RIVERBED CORP Balance Sheet (partial) Stockholders’ equity Paid-in capital Preferred stock, cumulative, 10,700 shares authorized, 6,400 shares issued and outstanding $ 640,000 Common stock, no par, 770,000 shares authorized, 600,000 shares issued 2,400,000 Total paid-in capital 3,040,000 Retained earnings 1,191,000 Total paid-in capital and retained earnings 4,231,000 Less: Treasury stock (5,800 common shares) 31,000 Total stockholders’ equity $4,200,000 From a review of the stockholders’ equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding enter a number of shares shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $enter a common stock value per share in dollars  per share (c) What is the par value of the preferred stock? The par value of the preferred stock $enter a preferred stock par value per share in dollars  per share (d) If the annual dividend on preferred stock is $57,600, what is the dividend rate on preferred stock? The dividend rate enter a dividend rate on preferred stock in percentages % (e) If dividends of $74,800 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $enter a Retained Earnings balance in dollars

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