Johnson Company's Capital Stock Is Currently Trading for $22 Per

Multiple Choice

Johnson Company's capital stock is currently trading for $22 per share.The following accounts appear on the balance sheet:
$\begin{array} { l }\text { Common stock, } \$ 6.00 \text { par value per share, } 10,000 \text { shares issued }&\$60,000 \\ \text { Paid in capital in excess of par value }&\$200,000 \\\end{array}$

The only transaction affecting the accounts was one issue of the company's common stock.What was the original selling price of the common stock?

A) $6.00 per share
B) $20.00 per share
C) $22.00 per share
D) $26.00 per share