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The following data are taken from the stockholders' equity section of the balance sheet of a company. Common Stock, $10 Par Value, 30,000 Shares Authorized,

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The following data are taken from the stockholders' equity section of the balance sheet of a company. Common Stock, $10 Par Value, 30,000 Shares Authorized, 12,000 Shares Issued, 10,000 Shares Outstanding Additional Paid-in Capital Retained Earnings Treasury Stock, 2,000 Shares $120,000 60,000 50,000 26,000 What was the average issue price per share of the common stock? O$10.00 o $15.00 O $18.00 O $13.00

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