The following information is from the December 31, 2018 balance sheet of January Corporation Preferred Stock, $100 par $260,000 Paid - In Capital in Excess of ParPreferred 14,000 Common Stock, $1 par 76,000 Paid - In Capital in Excess of Par-Common 203,000 Retained Earnings 56,600 Total Stockholders' Equity $609,600 What is the average issue price of the preferred stock shares? (Round answer to the nearest dollar.)