Reference no: EM13579264

Kilgore Auto Parts reported the following information at December 21, 2004. Preferred stock, 12%, $1 par, $50,000 shares authorized, issued, and outstanding; cumulative; non-participating; callable at par value-> $50,000 Common stock, $2 par, 30,000 shares authorized --->40,000 Additional paid-in capital - common -> 50,000 Retained earnings > 30,000 Total contributed capital and retained earnings --->170,000 Less: Treasury Stock (500 common shares at cost) > 5,000 Total stockholders' equity ->165,000 Answer the following questions for Kilgore Auto Parts by placing the letter of the correct response with the correct question (Matching) a)20,500 b)30,000 c)50,000 d)19,500 e)20,000 f)80,000 1.) How many shares of common stock are issued? 2.) How many shares of preferred stock are issued? 3.) How many common shares are issued and outstanding? 4.) How many preferred shares are issued and outstanding? 5.) How many of the common shares will receive dividends if and when they are declared and paid? 6.) How many of the preferred shares will receive dividends if and when they are declared and paid?