$ 1,300,000 $ 1,260,000 $ 39,000 $1,900,000 $960,000 Shown below is information relating to the stockholders' equity of Grant Corporation at December 31, Year 1: 7.0% cumulative preferred stock, $100 par value; authorized, 26,000 shares; issued and outstanding, 13,000 shares Common stock, $5 par value; authorized, 420,000 shares; issued and outstanding, 252,000 shares Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings Dividends have been declared and paid for Year 1. The average issue price per share of Grant's preferred stock was: Multiple Choice $100.00 $107.00) D Additional paid-in capitat: preferred stock Additional paid-in capital: common stock Retained earnings Dividends have been declared and paid for Year 1. The average issue price per share of Grant's preferred stock was: 35,000 $ 1,900,000 $960,000 O Mutiple Choice $100.00 $10700 $103.00 $51.50