Dexter Corporation has total paid-in capital of $180,000 and retained earnings of $130,000. It has 4,000 shares of $20 preferred stock outstanding with no dividends in arrears and 11,000 shares of $30 par value common stock outstanding. The book value of each share of common stock is: (Round your answer to the nearest cent.)

Group of answer choices

$28.18.

$2.09.

$20.91.

$20.67.