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Intro Minnesota Manufacturing's balance sheet showed total common equity of $3,000,000 and 300,000 shares of stock outstanding on 12/31/2021. During 2022 , the firm had

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Intro Minnesota Manufacturing's balance sheet showed total common equity of $3,000,000 and 300,000 shares of stock outstanding on 12/31/2021. During 2022 , the firm had $560,000 of net income, and it paid out $150,000 in dividends. Part 1 What was the book value per share on 12/31/2022, assuming no common stock was issued or retired during 2022

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