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D Question 11 0.5 pts The following information is from the December 31, Year 5 balance sheet of Watermelon Corporation, Preferred Stock, $100 par Paid

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D Question 11 0.5 pts The following information is from the December 31, Year 5 balance sheet of Watermelon Corporation, Preferred Stock, $100 par Paid In Capital in Excess of Par--Preferred Common Stock, $1 par Paid In Capital in Excess of Par-Common Retained Eamings Total Stockholders' Equity $510,000 40.000 240,000 530,000 231.500 $1,551.500 What was the average Issue price of the common stock shares? O $3.21 $1.00 O $1.96 $221 Next

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