Required information [The following information applies to the questions displayed below] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common ahares Total stockholders' equity $ 4,300 13,000 293,600 310,900 271,000 (180,000) $401,900 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 3. If the common shares were issued at $13 per share, at what average price per share were the preferred shares issued? Preferred shares issued price per share