Hudson-Perry Recordings Inc. has one issue of preferred stock and one issue of common stock outstanding. Given their stockholders’ equity account that follows, determine the original price per share at which the firm sold its single issue of common stock.

                                                Stockholders’ Equity ($000)
Preferred stock ..........................................................................................................$ 225
Common stock ($0.10 par, 1,400,000 shares outstanding)......................................140
Paid-in capital in excess of par on common stock ..............................................19,460
Retained earnings ......................................................................................................1,800
Total stockholders’ equity .....................................................................................$21,540