16. An analyst gathers the information below about 'Nole, Inc. What is the book value per share of Meyer's common stock? Please show your calculations (L014-1) Meyer has 1,000 shares of 8% cumulative preferred stock outstanding, with a par value of $100 and liquidation value of $110. Meyer has 20,000 shares of common stock outstanding, with a par value of $20. Meyer had retained earnings at the beginning of the year of $5,000,000. Net income for the year was $70,000. This year, for the first time in its history, Meyer paid no dividends on preferred or common stock. Book value per Con men total book value f cemmon stock (nod commo Skare