Calculating book value

A company has total assets of $7.5 million, total liabilities of $3.0 million, and $600,000 worth of 10% preferred stock outstanding.

What is the firm's total book value? Enter your answer in dollars and not in millions of dollars.

$ _____________

What would its book value per share be if the firm had 25,000 shares of common stock outstanding? Round the answer to the nearest cent.

$ ___________ per share