Hi, please help with the question below. Make sure you read through these requirements before answer the question:

1. Answer the question exactly follow the chart that I provided below

2. Only answer the question in case you can make sure you will answer them all.

3. Provide solutions to how you get these answers. Thank you.

The equity section of Cyril Corporation's balance sheet shows the following: $ Preferred stock-6% cumulative, $25 par value, $30 call price, 10,000 shares issued and outstanding Common stock-$10 par value, 80,000 shares issued and outstanding Retained earnings 250,000 800,000 535,000 Total stockholders' equity $ 1,585,000 Determine the book value per share of the preferred and common stock under two separate situations. 1. No preferred dividends are in arrears. = Choose Numerator: Stockholders' equity applicable to preferred shares Book Value per Preferred Share Book value per preferred share = Book Value per Preferred Share Choose Denominator: / Number of preferred shares outstanding 10,000 Book Value per Common Share Choose Denominator: / Number of common shares outstanding 80,000 Choose Numerator: Stockholders' equity applicable to common shares Book Value per Common Share Book value per common share 2. Three years of preferred dividends are in arrears. Choose Numerator: Stockholders' equity applicable to preferred shares Book Value per Preferred Share Book value per preferred Share Book Value per Preferred Share Choose Denominator: / Number of preferred shares outstanding 10,000 Book Value per Common Share Choose Denominator: / Number of common shares outstanding 80,000 Choose Numerator: Stockholders' equity applicable to common shares Book Value per Common Share Book value per common share =