Shown below is information relating to the stockholders' equity of RAPP Corporation at December 31, 2014:6% cumulative preferred stock, $100 par, callable at $106, 100,000 shares authorized, 5,000 shares issued $ 500,000Common stock, $2 par, 1,000,000 shares authorized, 600,000 shares issued and outstanding 1,200,000Additional paid-in capital: preferred stock 100,000Additional paid-in capital: common stock 800,000Retained earnings 300,000From the above information, compute the following: (1) The total amount of legal capital: $__________ Computation:(2) The total amount of paid-in capital: $__________ Computation:(3) The average issue price per share of preferred stock: $_____ per share Computation:(4) The book value per share of common stock (assume current-year preferred dividends have been paid) $_____ per share Computation:(5) The balance in Retained Earnings at the beginning of the year was $250,000, and there were no dividends in arrears. Net income for 2014 was $320,000. What was the amount of dividend declared on each share of common stock during 2014? $_____ per share Computation: