Peace company capital stock is currently trading for 22 per

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Peace company capital stock is currently trading for $22 per share. The following accounts appear on the balance sheet.Common stock, $6.00 per value per share, 10,000 shares issued $60,000.Paid in capital in excess of per value $110,000.The only transaction affecting the account was the issue of company's common stock. what was the original selling price of the common stock?

Reference no: EM13581370

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