A company has 500 shares of $50 par value preferred stock outstanding, and the call price of it preferred stock is $60 per share. It also has 20,000 shares of common stock outstanding, and the total value of its stockholders' equity is $680,000. The company's book value per common share is? I tried dividing 680,000 by 20,000 and came up with $34, but that is not one of the answers offered in this multiple choice. What am I doing wrong