Grayson Corporation has 500,000 shares authorized, 430,000 shares issued, and 30,000 shares of treasury stock. At this point, Grayson Corporation has $900,000 of assets, $220,000 of liabilities, $440,000 of common stock, and $240,000 of retained earnings Further, assume that the market value of the company's common stock is $10 per share. Required: a. Determine the number of shares of stock that is outstanding b. Determine the book value per share. Complete this question by entering your answers in the tabs below. Required A Required B Determine the number of shares of stock that is outstanding. Shares outstanding L Required B > Grayson Corporation has 500,000 shares authorized, 430,000 shares issued, and 30,000 shares of treasury stock. At this point, Grayson Corporation has $900,000 of assets, $220,000 of liabilities, $440,000 of common stock, and $240,000 of retained earnings Further, assume that the market value of the company's common stock is $10 per share. Required: a. Determine the number of shares of stock that is outstanding b. Determine the book value per share. Complete this question by entering your answers in the tabs below. Required A Required B Determine the book value per share. Note: Round your answer to 2 decimal places. Book value per share