A firm has balance sheet accounts indicating the following: "common stock" =$60,000; "paid in capital in excess of par on common" =$519,700; "preferred stock" =$100,000; "retained earnings" =$750,000. The firm has 46,000 common shares outstanding. Given that information, the single issue of common stock originally sold for: $12.50 per share $13.50 per share $16.00 per share $34.75 per share 
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