53 Marks Corporation has total stockholders' equity of $5,500,000. The company has outstanding 150,000 shares of $1 par value common stock and 26,000 shares of 6.5% preferred stock, $100 par value. (No dividends are in arrears.) The book value per share of common stock is:

$9.67.

$18.21

. $19.33.

$20.46.