11. The equity section of Whistle Steel Industries Inc.'s balance sheet at December 31, 2021 is shown below: Share Capital Preferred Shares, Cumulative Authorized - 500 shares Issued and outstanding - 300 shares $300 Common Shares Authorized - 100 shares Issued and outstanding - 20 shares 500 Total Contributed Capital $800 Retained Earnings 192 $992 Total Equity Note: There were $30 of dividends in arrears on the preferred shares at December 31, 2021. Instructions a. Calculate the December 31, 2021 book value per share of i. The preferred shares ii. The common shares b. Assume the common shares were split 2-to-1 on January 3, 2022 and that there was no change in any other account at that time. Calculate the new book value of common shares immediately following the share split