Question: The equity section of the balance sheet for Jackson Halftime Entertainment, Inc. appears below: Common stock, $0.60 par value ...... $_________ Paid-in capital in excess

The equity section of the balance sheet for Jackson Halftime Entertainment, Inc. appears below:
Common stock, $0.60 par value ...... $_________
Paid-in capital in excess of par ....... $10,000,000
Retained earnings ........... $22,000,000
If the company originally raised $11,000,000 in its stock issue, how many shares did it sell and at what price?

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