A portion of the stockholders' equity section from the balance sheet of Walland Corporation appears as follows:

Stockholders' equity:
Preferred stock, 9% cumulative, $50 par, 40,000 shares authorized, issued, and outstanding	$	2,000,000
Preferred stock, 12% noncumulative, $100 par, 8,000 shares authorized, issued, and outstanding		800,000
Common stock, $5 par, 400,000 shares authorized, issued, and outstanding		2,000,000
Total paid-in capital	$	4,800,000

Assume that all the stock was issued on January 1 and that no dividends were paid during the first two years of operation. During the third year, Walland Corporation paid total cash dividends of $736,000.

c.	What was the average issue price of each type of preferred stock? (Omit the "$" sign in your response.)

Cumulative preferred stock	$ per share
Noncumulative preferred stock	$ per share