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Business, 18.12.2019 17:31 Jxlly9338

The following information is from the december 31, 2018 balance sheet of millner corporation. preferred stock, $100 par $560,000 paidminus−in capital in excess of parlong dash—preferred 43,000 common stock, $1 par 190,000 paidminus−in capital in excess of parlong dash—common 510,000 retained earnings 191,500 totalstockholders' equity $1,494,500 what was the average issue price of the common stock shares? (round your answer to the nearestcent.)

a. $1.88 b. $2.68 c. $3.68 d. $1.00

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