At fiscal year end, December 31, 2017, Alpha Corporation had total stockholders' equity of $2,000,000. On FY 2017 year end, Alpha Corporation had Common Stock account of $700,000 of $10 par value common stock and Preferred Stock account of $100,000 of $100 par value. There was no treasury stock. The preferred stock was noncumulative and had a call price of $110. Use this information to determine the book value of Common Stock as of end of the FY 2017: (Round your answer to the nearest penny.)