Shown is information relating to the stockholders' equity of Clover Inc. at December 31, 2004:

12% cumulative preferred stock, $180 par, 160,000 shares authorized	$3,600,000
Common stock, $1.75 par, 1,010,000 shares authorized	1,225,000
Additional paid-in capital: preferred stock	400,000
Additional paid-in capital: common stock	1,000,000
Treasury stock (at cost: 8,000 common shares)	250,000
Retained earnings	1,500,000

What was the average issue price per share of common stock and the total stockholder's equity?