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Burton Inc. has two classes of stock, 7%$100 par cumulative Preferred Shares and $1 par Common Shares. The equity section shows: Common stock, $1 par

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Burton Inc. has two classes of stock, 7%$100 par cumulative Preferred Shares and $1 par Common Shares. The equity section shows: Common stock, \$1 par value, 1,000,000 shares authorized and __. shares issued.............\$555,000 Paid in capital in excess of par value. $90,000 How many shares of common are issued? Burton Inc. has two classes of stock, 10%$100 par cumulative Preferred Shares and $1 par Common Shares. The equity section shows: Common stock, $1 par value, 1,000,000 shares authorized and _._?_s shares issued.............. $520,000 Paid in capital in excess of par value. $228,000 At what average price was the common shares issued? Respond rounded to TWO DECIMALS, without a dollar sign and without commas

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