Evaluations for input

Changes in stockholders' equity Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by Golden Mine, Inc. The overall value of stockholders' equity has risen from $2,370,000 to$9,080,000. Use the statements to discover how and why that happened. <image 1> The company paid total dividends of $240,000 during fiscal 2015. What was the average price per share of the new stock sold during 2015?

(A) $7.25

(B) $8.75

(C) $9.75

(D) $10.75

Answer with the option's letter from the given choices directly. No punctuation.