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

Shareholders' equity
Share capital
$10 convertible preferred shares,
10,000 shares authorized, 5000 shares issued		$565000
Common shares,
200,000 shares authorized, 70000 shares issued		1750000
Total share capital		2315000
Retained earnings		456000
Total shareholders equity		$2771000

The average per common share amount is

$8.54.

$25.00.

$5.65.

$11.30.