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Delta Tech Corporation's common shares are currently selling on a stock exchange at $70.40 per share, and a recent balance sheet shows the following information:

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Delta Tech Corporation's common shares are currently selling on a stock exchange at $70.40 per share, and a recent balance sheet shows the following information: ok Delta Tech Corporation Equity Section of Balance Sheet April 30, 2e2e Contributed capital: Preferred shares, $3.00 cumulative, 2,200 shares authorized, issued and outstanding Common shares, 10,000 shares authorized, issued, and outstanding Total contributed capital Retained earnings Total equity $193,600 280,000 $473,600 5ee.ee $973,600 Required: Preparation Component: 1. What is the market value of the corporation's common shares? Market value

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