8% $10 par preferred stock, 10,000 authorized and issued $100,000 $5 par common stock, 10,000 shares authorized, 4,000 shares issued $20,000 Paid-in-capital in excess of par: Common stock $8,000 Given the above partial stockholder's equity section, what was the price received per share of common stock assuming it was sold in a single purchase?

Answers: A: $2

B: $7

C: $5

D: $15

Thank you so much!