Bramble Corporation has the following shareholders equity on December 31, 2021:

Shareholders' equity
Share capital
$10 convertible preferred shares,
10,000 shares authorized, 4500 shares issued		$560000
Common shares,
200,000 shares authorized, 87000 shares issued		1740000
Total share capital		2300000
Retained earnings		447000
Total shareholders equity		$2747000

The average per common share amount is

$8.61.

$5.60.

$12.44.

$20.00.