Golden Trust has the following stockholders equity:

Paid-in capital:
Perferred Stock, 7%, $13 par, 5,000 shares authorized, 3,500 shares issues	$45,500
Common Stock, $0.30 par, 1,400,000 shares authorized and issued	420,000
Paid-in capital in excress of par-common	325,000
Total paid-in capital	790,500
Retained earnings	260,000
Total stockholders' equity	$1,050,500

Golden has not declared preferred dividends for five years (including the current year).

Requirement

Compute the book value per share of Goldens preferred and common stock.