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In: AccountingQUESTION #45: Required information[The following information applies to the questionsdisplayed below.]Shown below is...QUESTION #45: Required information[The following information applies to the questionsdisplayed below.]Shown below is information relating to the stockholders' equityof Reeve Corporation as of December 31, 2018:3.5% cumulative preferred stock,$100 par$1,200,000Common stock, $10 par, 400,000shares authorized,148,000 shares issued and outstanding1,480,000Additional paid-in capital:Common stock444,000Retained earnings (Deficit)(74,000)Dividends in arrears42,000PART A: How many shares of preferred stock are issued andoutstanding?PART B: What was the original issue price per share of commonstock?PART C: What is total paid-in capital?PART D: Total stockholders' equity is?PART E: Book value per share of common stock is? (Round to2 decimal places.)Can someone please help me find the answers to thisquestion?Will you show each step and give an explanation so I know how to doit?**no handwritten/photo answers, thank you****