Book Value per Share Moose Enterprises has the following amounts in the Stockholders' Equity category of the balance sheet at December 31, 2014:

Preferred Stock, $100 par, 8%, noncumulative (liquidation value of $110 per share) $100,000

Paid-In CapitalPreferred 56,000

Common Stock, $5 par 365,000

Paid-In CapitalCommon 31,500

Retained Earnings 210,000

Determine the book value per share of the Moose Enterprises stock. Round your answer to the nearest cent. Answer will be per share