Shareholders' Equity
the Shareholders' Equity Section of the Balance Sheet

Essay

Shareholders' equity
The shareholders' equity section of the balance sheet of Nautilus Corporation at December 31, 2010, appears as follows:
$\begin{array}{llr} \text { Shareholders'Equity } &\\ \text {6\% ron-cumulative preferenoe share, \$100 par; 50,000 shares authorized, ?shares issued } &\$1,400,000\\ \text { Orlinary share, \$10 par, 500,000 shares authorized, 100,000 shares issued, of which ?? are held in treasuy } &1,000,000\\ \text { Share preminim} &\\ \text {From issuance of plefereme share } &344,000\\ \text { From issuance of ordinary share } &2,835,000\\ \text { Total issued and filly paid capital } &\$5,579,000\\ \text {Retained eaming: ( \( \$ 160,000 \) equal to cost of treasuy share is not available for dividends) } &1,280,000\\ &\$6,859,000\\ \text { Less: treasuy share (at cost: 4,000 ordinaryshares) } &(1,60,000)\\ \text { Total hhareholders' equity } &\$6,699,000\\\end{array}$
Answer the following questions based on the shareholders' 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 preference shareholders?
(b) What was the average issue price per share of preference share?
(c) What was the average issue price per share of ordinary share?
(d) How many shares of ordinary share are outstanding?
(e) What is the book value per share of the ordinary share?
(f) If all the treasury share is reissued at a price of $45 per share, what amount will be credited to the account Share Premium: Treasury Share Transactions?