A company has 875 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $65 per share. It also has 15,000 shares of common stock outstanding, and the total value of its stockholders' equity is $566,875. The company's book value per common share equals:

Multiple Choice

$35.71.

$32.13.

$34.00.

$37.79.

$34.88.