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Landers Nursery and Garden Stores has current assets of $254,000 and fixed assets of $265,000. Current liabilities are $137,000 and long-term liabilities are $184,000. There

Landers Nursery and Garden Stores has current assets of $254,000 and fixed assets of $265,000. Current liabilities are $137,000 and long-term liabilities are $184,000. There is $40,000 in preferred stock outstanding and the firm has issued 25,000 shares of common stock. Compute book value (net worth) per share.

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