Assets Liabilities and Stockholders' Equity Cash $ 40,000 Accounts payable $ 64,620 Marketable securities 86,160 Notes payable 64,620 Accounts receivable 93,340 Accrued wages 64,620 Inventories 150,780 Total current liabilities $ 193,860 Total current assets $ 370,280 Long-term debt $ 136,420 Land and buildings (net) $ 130,395 Preferred stock $ 86,160 Machinery and equipment 217,325 Common stock (10,000 shares) 193,860 Total fixed assets (net) $ 347,720 Retained earnings 107,700 Total assets $ 718,000 Total liabilities and stockholders' equity $ 718,000

1. Preferred stock can be liquidated at book value.

2. Accounts receivable and inventories can be liquidated at 92% of book value.

3. The firm has 10,000 shares of common stock outstanding.

4. All interest and dividends are currently paid up.

5. Land and buildings can be liquidated at 125% of book value.

6. Machinery and equipment can be liquidated at 67% of book value.

7. Cash and marketable securities can be liquidated at book value.

A) Gallinas Industries' book value per share is ?

B) Liquidation value per share is ?