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Initial sale price of common stock Hudson Perry Recordings inc has one issue of preferred stock and one issue of common stock outstanding. Given their

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Initial sale price of common stock Hudson Perry Recordings inc has one issue of preferred stock and one issue of common stock outstanding. Given their stockholders equity account that follow determine the original price per share at which the firm sold its single issue of common stock Stockholders' Equity (5000) Preferred stock Common stock (50.10 par 100.000 shares outstanding) 140.00 Paid in capital in excess of poron common stock 19.400 Rotind Gaming 1.800 Total stockholders uity $21,625 The original price per sharess Round to the nearest cent)

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