Exercise 11-26 At December 31, Concord Corporation has total stockholders' equity of $3,160,000. Included in this total are preferred stock $476,000 and paid-in capital in excess of par-preferred stock $51,400. There are 9,500 shares of $50 par value, 8% cumulative preferred stock outstanding. At year-end, 209,000 shares of common stock are outstanding. Compute the book value per share of common stock under each of the following assumptions. (Round answers to 2 decimal places, e.g. 15.25.) (a) There are no preferred dividends in arrears, and the preferred stock does not have a call price. (b) Preferred dividends are one year in arrears, and the preferred stock has a call price of $60 per share. dy (a) (b) Book value per share LINK TO TEXT Problem 11-09A a-b The following stockholders' equity accounts arranged alphabetically are in the ledger of Sheridan Company at December 31, 2020. Common Stock ($10 stated value) $1,420,000 Paid-in Capital from Treasury Stock 5,600 Paid-in Capital in Excess of Par-Preferred Stock 44,200 Paid-in Capital in Excess of Stated Value-Common Stock 728,000 Preferred Stock (8%, $102 par, noncumulative) 459,000 Retained Earnings 758,000 Treasury Stock-Common (7,600 shares) 98,800 Prepare a stockholders' equity section at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.) Sheridan Company Balance Sheet (Partial) ER VERSION BACK $ LINK TO TEXT LINK TO TEXT Compute the book value per share of the common stock, assuming the preferred stock has a call price of $113 per share. (Round answer to 2 decimal places, e.g. 10.50.) Book value per share of the common stock LINK TO TEXT LINK TO TEXT