A firm had common stock ($0.80 in par value) of $250,000 in 2019, and common stock ($0.80 in par value) of $400,000 in 2020. The same firm had capital surplus (or additional paid-in capital) of $3,200,000 in 2019, and $5,500,000 in 2020. What was the total proceeds from the sales of new shares? $150,000 $2,450,000 $2,600,000 $3,200,000 Same facts as above: what was the average price of an individual share (i.e. one share) that was sold in 2020? $10.40 $8.67 $13.07 $9.80