18.What was the original issue price per share of common stock?

1 8 Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year 1: 4.0% cumulative preferred stock, $100 par value; authorized, 1'? shares; issued and outstanding, ?? shares 5 700,000 Common stock, $10 par value; authorized, 300,000 shares; issued and skipped outstanding, 128,000 shares 1,280,000 Additional paidin capital: Common stock 512,000 Retained earnings (Deficit) (64,000) A Dividends in arrears 28,000 eEook What was the original issue price per share of common stock? Multiple Choloe 0 $10.00 per share $5.97 per share 0 $14.00 per share $4.27 per share 19 skipped eBook Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year 1: 8.0% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, ?? shares S 600,000 Common stock, $10 par value; authorized, 500,000 shares; issued and outstanding, 120,000 shares 1,200,000 Additional paidin capital: Common stock 600,000 Retained earnings (Deficit) (60,000) Dividends in arrears 48,000 Total stockholders' equity is: Multiple Choice 0 $2,292,000. $2,460,000. $2,340,o 00. O 0 $2,400,000. 0