Razz Corporations common stock

Razz Corporations common stock is currently selling on a stock exchange at $170 per share, and its current balance sheet shows the following stockholders equity section.

Preferred stock 5% cumulative, $__ par value, 1,000 shares
authorized, issued, and outstanding $100,000
Common stock $__ par value, 4,000 shares authorized, issued,
and outstanding. 160,000
Retained earnings. 300.000
Totals stockholders equity.. $560,000

REQUIRED (round per share amounts to cents)
1. What is the current market value (price) of this corporations common stock?
2. What are the par values of the corporations preferred stock and its common stock?
3. If no dividends are in arrears, what are the book values per share of the preferred stock and the common stock?
4. If two years preferred dividends are in arrears, what are the book values per share of the preferred stock and the common stock?
5. If two years preferred dividends are in arrears and the preferred stock is callable at $110 per share, what are the book values per share of the preferred stock and the common stock?
6. If two years preferred dividends are in arrears and the board of directors declares cash dividends of $20,000. What total amount will be paid to the preferred and to the common shareholders? What is the amount of dividends per share for the common stock?
Analysis Component
7. What are some factors that can contribute to a difference between the book value of common stock and its market value (price)?