The Stockholders' Equity Section of the Balance Sheet of Sea $\begin{array}{lr}\text { Common stock, } \$ 3 \text { par value } & \$ 150,000 \\\text { Additional paid-in capital-common } & 850,000\end{array}$

The Stockholders' Equity section of the balance sheet of Sea Turtle Company reveals the following information: $\begin{array}{lr}\text { Common stock, } \$ 3 \text { par value } & \$ 150,000 \\\text { Additional paid-in capital-common } & 850,000\end{array}$ ? There have been two issues of stock since the corporation began business.The average issue price per share of stock was

A) $3.00.
B) $17.00.
C) $20.00.
D) Not enough information to determine.