Determining the book value per share. Show below is information relating to the shareholders' equity of Churchill Limited

6% non-cumulative preference share, $100 par $1,200,000

Ordinary share, $10 par 1,000,000 shares authorized $3,000,000

SHare premium, ordinary shares $6,000,000

Deficit (negative retained earning) $1,200,000

From the above information, compute the following: (a) Number of preference shares issued and outstanding (b) Average issue price per share of ordinary shares (c) Issued and fully paid capital (d) Total amount in shareholders' equity section