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JBL Company reported the following post-closing stockholder's equity data as of December 31, YRQS. All accounts have their 'normal' balance. Description Amount $10,000 58 Cumulative,

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JBL Company reported the following post-closing stockholder's equity data as of December 31, YRQS. All accounts have their 'normal' balance. Description Amount $10,000 58 Cumulative, non-participating, preferred stock $100 par Additional paid-in capital preferred stock Common stock, $10 par, 4,000 shares issued 500 40,000 Additional paid-in capital common stock 20,000 Retained earnings 15,000 Treasury stock (10 shares of preferred stock at cost) 1,200 Other information: In August of YR04 the company purchased, as treasury stock, 10 preferred shares. Preferred dividende for YR04 and prior years have been declared and paid. Preferred dividends 24 05 have not been declared. At December 31, YROB the preferred stock has a marker value of $110 and a 1.qu.dation value of $106 per share, The Book valus bez share of common stock outstanding at December 31, YROS 15 (eound to nesvest penny : 515.90 liquidation value of $106 per share. The book value per share of common stock outstanding at December 31, YR05 13 (round to nearest penny): O $15.00 O $15.95 O None of the answers provided are correct. O $16.08 $15.99

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