Here is a company's December 31st Equity Section of the Balance sheet:

Common stock, $10 par, 10,000 shares issued and oustanding ($100,000)

Pain-In Capital in Excess of Par (240,000)

Retained Earnings (700,000)

Total stock holder's equity ($1,040,000)

What was the market price paid for each share of common stock?

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9. Here is a company's December 31s Equity Section of the balance sheet: Common Stock, $10 par, 10,000 shares issued and outstanding $100,000 Paid-In Capital in Excess of Par - Common Stock 240,000 Retained Earnings 700,000 Total Stockholder's Equity $1,040,000 What was the market price paid for each share of common stock