Liu Corporation's balance sheet reflected the following information. 
Assuming all the stock was issued in a single transaction,what was the issue price per share of the stock?
Definitions:
Noncash Assets
Items of value owned by a business or individual that are not in the form of cash, such as real estate, equipment, and patents.
Income Ratios
Financial metrics that examine a company's income or profit relative to sales, assets, equity, or other financial metrics, providing insight into the efficiency and profitability of the company.
Capital Balances
Reflects the amount of capital that each partner or shareholder has contributed to a partnership or corporation, or their ownership stake.
Partners' Capital Statement
A financial statement showing the changes in each partner's capital account of a partnership during a specific period.
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