Intro Minnesota Manufacturing's balance sheet showed total equity of $3,000,000 and 400,000 shares of common stock outstanding on 12/31/2021. During 2022, the firm had $650,000 of net income, and it paid out $150,000 in dividends. Part 1 Attempt 3/3 for 10 pts. What was the book value per share on 12/31/2022, assuming no new common stock was issued during 2022 ? Hint: you need to first figure out the amount of total equity on 12/31/2022, and then calculate book value per share on 12/31/2022. Remember that Total equity = Paid-in capital + Retained eamings Therefore Total equity/2022 = Total equity/2021 + Addition to Paid-in capital + Addition to Retained earnings Correct Addition to Retained earnings = Net income - Dividends =650,000150,000 =500,000 No new common stock was issued during 2022, so the paid-in capital does not change during 2022. Total equity 2022= Total equity 2021 + Addition to Paid-in capital + Addition to Retained earnings =3,000,000+0+500,000 =3,500,000 Total equityzoz2 = Total equity 2021 + Addition to Paid-in capital + Addition to Retained earnings =3,000,000+0+500,000=3,500,000 Book value per share, 5? Total quityonom / Number of shares =3,500,000/400,000=8.75 Part 2 Attempt 3/3 for 10pts. How much is the Earnings per share (EPS) for 2022? Part 3 Attempt 1/3 for 10pts. How much is the Dividends per share (DPS) for 2022