Amor Co. is undergoing financial difficulty and the shareholders decided to liquidate the company. The company reported cash of P65,000 and building valued at P875,000. They owe P560,000 to various creditors. Upon checking with realtors, they can sell the building at 545,000. Also, during liquidation, they expect to incur expenses of P50,000 Based on it's financial statements, Amor. Co has total outstanding common shares of 15,000 and 10,000 preferred shares.

Compute for the liquidation value per share.