The following information is taken from the balance sheet of Lawson Corporation as of December 31, 2017.

Preferred Stock, $570,000 Against $570,000 Paid-up Capital $100 - 37,000 Common Shares Preferred, $140,000 Against Paid-Up Capital - Ordinary 520,000 Retained Earnings 201,500 Total Equity Equity $1,568,500

What was the average issue price of common stocks?

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