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The following information is from the December 31, 2017 balance sheet of Lawson Corporation Preferred Stock $100 par Paid-In Capital in Excess of Par-Preferred Common
The following information is from the December 31, 2017 balance sheet of Lawson Corporation Preferred Stock $100 par Paid-In Capital in Excess of Par-Preferred Common Stock, $1 par Paid - In Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity $580,000 45,000 250,000 510,000 171,500 $1,556,500 What was the average issue price of the common stock shares? (Round your answer to the nearest cent) O A. $1.78 O B. $2.04 O C. $3.04 OD. $1.00 lick to select your
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