Loudoun Corporation's Balance Sheet Reflected the Following Information $\begin{array}{llr} \text {Common stock, \$2 par } &\$140,000\\ \text { Paid-in capital in excess of par - Common } &210,000\\\end{array}$

Essay

Loudoun Corporation's balance sheet reflected the following information.
$\begin{array}{llr} \text {Common stock, \$2 par } &\$140,000\\ \text { Paid-in capital in excess of par - Common } &210,000\\\end{array}$
Required:
Assuming all the stock was issued in a single transaction, what was the issue price per share of the stock?