1. Rider Inc.'s December 31, 2017 balance sheet showed total common equity of $6,050,000 and 200,000 shares of stock outstanding. During 2018, the firm had $450,000 of net income, and it. paid out $200,000 as dividends. What was the book value per share at 12/31/18, assuming no common stock was either issued or retired during 2018? (Round your final answer to two decimal places.)