Check my work The stockholders' equity section of Velcro World is presented here. 3 of 5 $ 5,200 VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid in capital Total paid-in capital Retained earnings Treasury stock, 12,60e common shares Total stockholders' equity 675,200 702,480 (288,000) $ 694,400 54:37 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 3. If the common shares were issued at $22 per share, at what average price per share were the preferred shares issued? Preferred shares issued price per share