As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $12 million, liabilities of $8 million, after-tax earnings of $3 million, and 784,000 outstanding shares of common stock. (a) Calculate the earnings per share of Bozo Oil's common stock. (Round your answer to 2 decimal places.) (b) Assume a share of Bozo Oil's common stock has a market value of $40, what is the firm's price-earnings ratio? (Round your intermediate calculation to 2 decimal places and final answer to the nearest whole number.) (c) Calculate the book value of a share of Bozo Oil's common stock. (Round your answer to 2 decimal places.)