Beck Corporation has one issue of preferred stock and one issue of common stock outstanding. Given Beck's stockholders' equity account that follows, determine the original price per share at which the firm sold its single issue of common stock.

Stockholders' Equity ($000)

Preferred stock .............. $125

Common stock ($0.75 par, 300,000

shares outstanding) ........... 225

Paid-in capital in excess of par on

common stock .............. 2,625

Retained earnings ........... 900

Total stockholders' equity ........ $3,875