shares? Common stock-calculate issue price and dividend amount The balance sheet caption for common stock is the following: Common stock without par value, 1,000,000 shares authorized, 200,000 shares issued, and 180,000 shares outstanding $2,600,000 Required: Calculate the average price at which the shares were issued. If these shares had been assigned a stated value of $1 each, show how the cap- tion here would be different