Book and liquidation value The balance sheet for Gallinas Industries is as follows, $.$ Additional information with respect to the firm is available:

Preferred stock can be liquidated at book value.

Accounts receivable and inventories can be liquidated at $88\%$ of book value.

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

All interest and dividends are currently paid up$.$

Land and buildings can be liquidated at $140\%$ of book value.

Machinery and equipment can be liquidated at $71\%$ of book value.

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?

b$.$ What is its liquidation value per share?

a$.$ Gallinas Industries' book value per share is : $.($Round to the nearest cent.$)$

b$.$ Gallinas Industries' liquidation value per share is $$.($Round to the nearest cent.$)$

c$.$ Compare, contrast, and discuss the values found in parts a and $b.($Select the best answer below.$)$

Data table