"Exercise 15-24 Bosincet. Ty in Tumakine to operations in January 2018 and reported the following results for each of its 3 years of operation 2011 277,00 e 2015 $40,00 a 2020 $512,000 net income At the 2020, Taman I, capital accounts were as follow cumulative radove to the stund and within 5.500 shares $550.000 Comme 11.00 to 1,000,000 med utstanding 700.000 ha 700.000 Tarehovec ar stock and there has been change in conta since Tomanoperation. The state le site and only from rund somit (a) Compute the book value of the common stock at December 1, 2020 (Round answers to decimal places, *1850) 25.66 (b) Compute the book value of the common stock at December 31, 2020. sting that the preferred as a citing e 5106 p. (Hound answers to decimal plus 3.38.50) Bok value por share 25.09 ES Tamarisk Inc. began operations in January 2018 and reported the following results for each of its 3 years of operations 2018 $277.000 net loss 2019 $40,000 net loss 2020 $812,000 net income At December 31, 2020. Tamarisk Inc. capital accounts were as follows. cumulative preferred stock par value 5100, authorized, issued, and outstanding 5,500 shares $550,000 Common stock par value $1.00; authorized 1,000,000 shares: issued and outstanding 700,000 shares $700,000 Tomarisk Inc. has never paid a cash or stock dividend. There has been no change in the capital accounts since Tamarisk began operations. The state law permits dividends only from retained earnings (a) Compute the book value of the common stock at December 31, 2020. (Round answers to 2 dechial places, ...) Book value per share 25.66 (b) Compute the book value of the common stock at December 31, 2020, asuming that the preferred stock has a liquidating value of $106 per share (Round answers to 2 decimal places, eg. $38.50.) Book value per share 25.02 lirit tilatach w warfar thien na Cha War