QUESTION 30 30 The following Stockholder's Equity of Beta, Inc was made available to you for your review and provide answers to the CFO. Beta, Inc. Stockholder's Equity December 31,2019 Contributed Capital Common stock, $5 par value, 100,000 shares authorized, shares issued & 22,000 outstanding $125,000 Paid in Capital, Common Stock 25.000 Total Contributed Capital $150,000 Retained Earnings 100,000 Total Contributed Capital and Retained Earnings $250,000 Less: Treasury Stock, Common Stock (21,000) Total Stockholders Equity, 12/31/19 $229,000 Determine the average issue price of common stock. A. $5.00 B. $6.00 C. $7.00 D. $5.5