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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

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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 (partia) ($ and shares in thousands) Stockholders equity Preferred stock, 51 par value Common stock, 51 par value Additional paid-in capital Total paid-in capital Retained earning Treasury stock, 11,000 common shares Total stockholders' equity $ 6.000 30.000 1.164.000 1.200.000 28.000 352.000) $1,136.000 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 $30 per share, at what average price per share were the preferred shares issued? per share Preferred shares issued price

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