The equity portion of a company's balance sheet for end of 2019 and 2020 is shown below: 2019 2020 Common Stock (0.40 par) $14,520,000 $15,060,000 Capital Surplus $62,600,000 $109,870,000 Retained Earnings $211,967,500 $224,492,000 Calculate the average price per share at which new shares were sold in 2020. Group of answer choices

$43.92

$44.69

$41.64

$35.01

$35.41