A firm has the balance sheet accounts, common stock, and paid-in capital in excess of par, with values of R40 000 and R500 000, respectively. The firm has 40 000 common shares outstanding. If the firm had a par value of R1, the stock originally sold for A. R11.50/share.  B. R12.50/share C. R13.50/share.  D. R15.50/share.

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