Question: Shown below is information relating to the stockholders' equity of Brookdale Corporation at December 31, Year 1: 11% cumulative preferred stock, $130 par value; authorized, 100,000 shares; issued and outstanding, 10,000 shares $ 1,300,000 Common stock, $1.25 par value; authorized, 1,000,000 shares; issued, 600,000 shares (of which 6,000 are held in treasury) 750,000 Additional paid-in capital: Preferred stock 500,000 Common stock 900,000 Treasury stock transactions 6,000 Treasury stock (at cost: 6,000 common shares) (192,000) Retained earnings 1,350,000 If Brookdale Corporation had reacquired 7,000 shares of treasury stock early in Year 1, and this was the company's only treasury stock transaction, then some treasury stock must have been sold during Year 1 for: Question options: $32 per share. $38 per share. $27 per share. $6 per share.