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Based on the information below for a hypothetical company: Book value of equity per share in year 2020=$25 Cost of equity =9% a) How much

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Based on the information below for a hypothetical company: Book value of equity per share in year 2020=$25 Cost of equity =9% a) How much is the residual income of the company for year 2021? (3 points) b) How much is the residual income of the company for year 2022 ? (3 points) In your written response, please start with question numbers such as a) or b) before showing your work and answer to the

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