The equity portion of a company's balance sheet for end of 2017 and 2018 is shown below: 2017 2018 Common Stock (0.40 par) $4,520,000 $5,060,000 Capital Surplus $13,600,000 $29,870,000 Retained Earnings $1,967,500 $4,492,000 Calculate the average price per share at which new shares were sold in 2018. O $21.43 O $12.05 $12.45 $13.92