Shown below is information relating to the stockholders' equity of Silver Inc. at December 31, 20XX:

10% cumulative preferred stock, $150 par $900,000

Common stock, $6.50 par, 500,000 shares authorized $2,600,000

Paid-in capital in Excess of Par: common stock $132,000

Retained earnings $1,551,000

Dividends in arrears on preferred stock, 1 full year

What is the number of shares of common stock issued & outstanding?

What was the average issue price per share of Silver's common stock?