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Park Corporation has one class of $0.01 par value common stock with 1,000,000 shares authorized, 102,000 shares issued, and 100,000 shares outstanding. If the average

Park Corporation has one class of $0.01 par value common stock with 1,000,000 shares authorized, 102,000 shares issued, and 100,000 shares outstanding. If the average issue price per share for the Park Corporation common stock equaled $17.35, the Common Stock account would equal:

$1,020 can someone explain to me why the answer is 1,020

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