Bonded Paper Company has a balance sheet which lists $85 million in assets, $40 million in liabilities and $45 million in common shareholders' equity. It has 1,400,000 common shares outstanding. The replacement cost of the assets is $115 million. The market share price is $90.What is Bonded Paper's book value per share?

A)$1.68

B)$2.60

C)$32.14

D)$60.71

E)none of the above