Book and liquidation value The balance sheet for Gallinas Industries is as follows, Additional information with respect to the firm is available: 1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 86% 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 115% of book value. 6. Machinery and equipment can be liquidated at 68% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: a. What is Gallinas Industries' book value per share? a. Gallinas Industries' book value per share is $ (Round to the nearest cent.) \begin{tabular}{cc} \hline Year (t) & Free cash flow (FCF) \\ \hline 2020 & $290,000 \\ 2021 & $340,000 \\ 2022 & $380,000 \\ 2023 & $450,000 \\ 2024 & $480,000 \\ \hline \end{tabular} Book and liquidation value The balance sheet for Gallinas Industries is as follows, Additional information with respect to the firm is available: 1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 86% 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 115% of book value. 6. Machinery and equipment can be liquidated at 68% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: a. What is Gallinas Industries' book value per share? a. Gallinas Industries' book value per share is $ (Round to the nearest cent.) \begin{tabular}{cc} \hline Year (t) & Free cash flow (FCF) \\ \hline 2020 & $290,000 \\ 2021 & $340,000 \\ 2022 & $380,000 \\ 2023 & $450,000 \\ 2024 & $480,000 \\ \hline \end{tabular}