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(The following information applies to the questions displayed below) Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31,

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(The following information applies to the questions displayed below) Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, 2018: $ 600,000 8.0% cumulative preferred stock, $100 par Common stock, $10 par, 500,000 shares authorized, 120,000 shares issued and outstanding Additional paid-in capital: Common stock Retained earnings (Deficit) Dividends in arrears 1,200,000 600,000 (60,000) 48,000 What was the original issue price per share of common stock? Multiple Choice

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