1. The Urban Outfitters Company had the following financialinformation on June 30,2018, the end of their fiscal year:

       Preferred stock, 9%, $100par value,75,000 shares

        authorized,____??___shares issued.................   $4,000,000

        Common stock, $15 parvalue, 2,500,000 shares

        authorized; __??__shares issued and _??____

        outstanding..................................        9,000,000

        Additional paid-incapital

           Inexcess of parvalue-common...................     900,000   

        Retained Earnings..................................  2,400,000                                                        

        Treasury stock (5,000shares)..............             240,000

      

     INSTRUCTIONS

     Complete the following statements andshow your computations. (Show

    computations)    

1. The number of shares of common stock outstanding was_______________.
2. The total annual preferred stockdividend is_______________.
3. The total Paid-In-Capitalis_____________________.    

     (d) The number of shares of preferredstock issued was __________.

     (e) The average sales price per shareof the common stock when issuedwas                                  

     (f) The cost per share of the treasurystock was $_____________.