Jim Croce Corporation's stockholders' equity at December 31 consists of the following:

Preferred stock, 8%, $50 par value, 100,000 shares authorized, 15,000 shares issued and outstanding ...... $ 750,000

Common stock, $5 par value 600,000 shares authorized, _???? shares issued and ____???? shares outstanding....................$2,700,000

Additional paid-in-capital in excess of par-Common.............................$1,000,000

Retained Earnings .................................... $ 500,000

Treasury Stock.(25,000shares)..................$.200,000

1. Compute the average sales price per share of the common stock when it was issued: (Round to nearest penny if necessary)

2. Compute the total Paid-In -Capital:

3. Compute total stockholder's equity:

Thank you!