hello, I need help Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet:Paid-in capital:12% preferred stock, $60 par value, 1,000 shares authorized,issued, and outstandingCommon stock, $8 par value, 50,000 shares authorized, ? sharesissued, ? shares outstandingAdditional paid-in capital on common stockAdditional paid-in capital from treasury stockRetained earningsLess: Treasury stock, at cost (1, 000 shares of common)120,000270,0006,50048,500(9,000)$Total stockholders' equityRequired:a. Calculate the amount of the total annual dividend requirement on preferred stock.b. Calculate the amount that should be shown on the balance sheet for preferred stock.c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding.d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional paid-in capital on common stock of$234,375. The only transaction affecting these accounts during 2019 was the sale of common stock. Calculate the number ofshares that were sold and the selling price per share.e. Choose the transaction that resulted in the additional paid-in capital from treasury stock.f. The retained earmings balance on January 1, 2019, was $45,150. Net income for the past 11 months was $12,000. Preferred stockdividends for all of 2019 have been declared and paid. Calculate the amount of dividends on common stock during the first 11months of 2019.Complete this question by entering your answers in the tabs below.Req C and DReq EReq F,Req A and Ba. Calculate the amount of the total annual dividend requirement on preferred stock.b. Calculate the amount that should be shown on the balance sheet for preferred stock. e. Choose the transaction that resulted in the additional paid-in capital from treasury stock.f. The retained earnings balance on January 1, 2019, was $45,150. Net income for the past 11 months was $12,000. Preferred stockdividends for all of 2019 have been declared and paid. Calculate the amount of dividends on common stock during the first 11months of 2019.X Answer is not complete.Complete this question by entering your answers in the tabs below.Req A and BReq C and DReq EReq FC. Calculate the number of shares of common stock that are issued and the number of shares of common stock that areoutstanding.d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional paid-in capital on commonstock of $234,375. The only transaction affecting these accounts during 2019 was the sale of common stock. Calculate thenumber of shares that were sold and the selling price per share.Show lessAC.Number shares issuedNumber shares outstanding3,158,400 Xd.Number of shares sold82,800Selling price per shareReq A and BReq E >

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Francis Inc. has the following stockholders' equity section in its November 30, 2019, balance sheet: Paid-in capital: 12% preferred stock, $60 par value, 1,000 shares authorized, issued, and outstanding Common stock, $8 par value, 50,000 shares authorized, ? shares issued, ? shares outstanding Additional paid-in capital on common stock Additional paid-in capital from treasury stock Retained earnings Less: Treasury stock, at cost (1,000 shares of common) Total stockholders' equity 120,000 270,000 6,500 48,500 (9,000) $ ? Required: a. Calculate the amount of the total annual dividend requirement on preferred stock. b. Calculate the amount that should be shown on the balance sheet for preferred stock. c. Calculate the number of shares of common stock that are issued and the number of shares of common stock that are outstanding. d. On January 1, 2019, the firm's balance sheet showed common stock of $105,000 and additional paid-in capital on common stock of $234,375. The only transaction affecting these accountc during 2010