02 Shown below is information relating to the stockholders' equity of Grant Corporation at December 31. Year 1: 6.5% cumulative preferred stock, $100 par value; authorized, 36,000 shares; issued and outstanding, 18,000 shares Common stock, $4 par value; authorized, 520,000 shares; issued and outstanding, 312,000 shares Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings $ 1,800,000 $ 1,248,000 $ 90,000 $ 2,400,000 $ 1,010,000 Dividends have been declared and paid for Year 1. The book value per share of common stock is: Multiple Choice $6.67 $14.93. $15.22 $11.69