Prairie Charters Reported the Following Information at December 31,2017 The Average Recorded Value Per Share of Common Stock at

Multiple Choice

Prairie Charters reported the following information at December 31,2017: $\begin{array}{lr}\text { Common stock, } \$ 1 \text { par, } 500,000 \text { shares authorized, } 100,000 \text { shares issued } & \$ 100,000 \\\text { Additional paid-in capital—common } & 25,000 \\\text { Retained earnings } & 75,000 \\\text { Total stockholders' equity } & \$ 200,000\end{array}$
The average recorded value per share of common stock at December 31,2017,is

A) $1.00.
B) $1.75.
C) $1.25.
D) $2.50.