The following information is relevant for question 1 and 2: 31.12.19 31.12.18 Preferred stock, 5%, $120 par, cumulative, 6,000 shares 500,000 500,000 Common stock, $1 par, 3,000,000 shares 1,200,000 1,000,000 authorized Additional paid-in capital-preferred 20,000 20,000 Additional paid-in capital common 10,580,000 9,500,000 Retained earnings 19,500,000 20,500,600 Treasury stock (300,000) (250,000) Total owners' equity 31,500,000 31,270,600 1. Assuming the Company issued stocks once during 2019, what is the price of Common stock issued? a. $6.4 b. $5.4 c. $1 d. $0.9 e. Based on data given, there is no way to know