2. Atlantic Coast Resources Company had the following balance sheet a t the end of 2014: Atlantic Coast Resources Company: Balance Sheet December 31, 2014 Accounts payable $ 64,400 Notes payable 71,400 Long-term debt 151,200 Common stock (30,000 authorized, 20,000 shares outstanding) 364,000 Retained earnings 336,000 Total assets $987,000 Total liabilities and equity $987,000 Atlantic Coast Resources is concerned about its book value per share, w hich is computed by dividing the total equity on the balance sheet by t he number of outstanding shares of stock. a. What is the book value per share of Atlantic's common stock? b. Suppose the firm sold the remaining authorized shares and netted $32.55 per share from the sale. What would be the new book value per share