### the stockholders equity section of traylor corporation sbalance sheet at december 31 3479921

The stockholders’ equity section of Traylor Corporation’sbalance sheet at December 31 is presented here.

TRAYLOR CORPORATION
Balance Sheet (partial)
Stockholder’s equity
Paid-in capital
Preferred stock, cumulative,11,333 shares authorized,
6,800 sharesissued and outstanding \$711,960
Common stock, no par, 842,250 sharesauthorized,
673,800 shares issued
2,358,300

Total paid-in capital3,070,260
Retained earnings
1,185,470

Total paid-in capital and retained earnings4,255,730
Less: Treasury stock (8,350 common shares)
(33,400)

Total stockholder’s equity
\$4,222,330

From a review of the stockholders’ equity section, answer thefollowing questions.

(a) How many shares of common stock are outstanding?
shares
(b) Assuming there is a stated value, what is the stated value ofthe common stock? (Round answer to 2 decimal places, e.g.2.25.)
\$ per share
(c) What is the par value of the preferred stock? (Round answer to2 decimal places, e.g. 250.25.)
\$ per share
(d) If the annual dividend on preferred stock is \$36,900, what isthe dividend rate on preferred stock? (Round answer to 2 decimalplaces, e.g. 2.25.)
%
(e) If dividends of \$76,700 were in arrears on preferred stock,what would be the balance reported for retained earnings?

QUESTION TITLE :- The stockholders’ equity section of Traylor Corporation’s balance sheet at December 31 is presented