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

6.0% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, ?? shares	$ 2,300,000
Common stock, $10 par value; authorized, 620,000 shares; issued and outstanding, 192,000 shares	1,920,000
Additional paid-in capital: Common stock	192,000
Retained earnings (Deficit)	(96,000)
Dividends in arrears	138,000

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

Multiple Choice

• $11.00 per share

• $3.10 per share

• $10.00 per share

• $3.41 per share