Stockholders' Equity
the Stockholders' Equity Section of the Balance Sheet

Stockholders' equity
The stockholders' equity section of the balance sheet of Nautilus Corporation at December 31, 2010, appears as follows:
Answer the following questions based on the stockholders' equity section given above. Each question is a separate situation, unless otherwise indicated.
(a). What is the total dollar amount paid annually as dividends to preferred stockholders?
(b). What was the average issue price per share of preferred stock?
(c). What was the average issue price per share of common stock?
(d). How many shares of common stock are outstanding?
(e). What is the book value per share of the common stock?
(f). If all the treasury stock is reissued at a price of $45 per share, what amount will be credited to the account Additional Paid-In Capital: Treasury Stock Transactions?
$\begin{array}{|l|l|}\hline\text { Stockholders' equity } \\\hline8 \% \text { cumulative preferred stock, } \$ 100 \text { par, } 50,000 \text { shares }& \$ 1,400,000 \\\text { authorized, ?? shares issued } & \\\hline \text { Common stock, } \$ 10 \text { par, } 500,000 \text { shares authorized, }&1,000,000 \\100,000 \text { shares issued, of which ?? are held in treasury }\\\hline\text {Additional paid-in capital:}\\\hline\text {From issuance of preferred stock }& 344,000 \\\hline\text {From issuance of common stock }& 2.835,000 \\\hline\text {Total paid-in capital }& \$ 5,579,000 \\\hline\text {Retained earnings ( \$ 160,000 equal to cost of treasury stock }&1,280,000 \\\text {is not available for dividends)}\\\hline&\$6,859,000\\\hline\text { Less: Treasury stock (at cost: } 4,000 \text { common shares) } &\underline{(160,000)} \\ \hline\text { Total stockholder' equity } &\underline{\$6,699,000} \\\hline \\\hline\end{array}$