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The stockholders' equity of A Company at the end of 2023 and 2022 are as follows: Preferred stock, P100 par, 12% Common stock, P20 par

The stockholders' equity of A Company at the end of 2023 and 2022 are as follows: Preferred stock, P100 par, 12% Common stock, P20 par Paid in capital in excess of par Preferred Common 2023 2022 P1,000,000 P 600,000 2,000,000 16,000 1,800,000 4,350,000 3,750,000 80,000 180,000 Retained earnings At what price per share are the shares of preferred stock issued in 2023

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