December 31	2015	2014
5% Cumulative preferred stock, $50 par:	$100,000	$100,000
Common stock, $10 par:	$140,000	$90,000
Additional paid-in capital:	$80,000	$70,000
Retained earnings (includes current year net income):	$240,000	$215,000
Net income:	$60,000

Additional information: On May 1, 2015, 5,000 shares of common stock were issued. The preferred dividends were not declared during 2015. The market price of the common stock was $50 at December 31, 2015. The book value per share of common stock at 12/31/15 is calculated as:

A. 455 14 B. 380 14 C. 220 14 D. 460 14