Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year 1:

What was the original issue price per share of common stock?

1 8 Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year 1: 4.0% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, 7? shares 5 700,000 Common stock, $10 par value; authorized, 300,000 shares; issued and outstanding, 128,000 shares 1,280,000 El Additional paid-in capital: Common stock 512,000 eaonk Retained earnings (Deficit) (64,000) Dividends in arrears 28,000 What was the original issue price per share of common stock? Multiple Choice 0 $1000 per share $5.97 per share $4.27 per share O 0 $1400 per share O