Lane Inc. had the following information in its financial statements for the years ended 2020 and 2021: What is the book value per share for Lane Inc. for the year ended 2021?

	A.	$12.28
	B.	$12.22
	C.	$10.00
	D.	$12.38

Lane Inc. had the following information in its financial statements for the years ended 2020 and 2021: 10,000 93,000 10 Cash dividends for the year 2021 Net income for the year ended 2021 Market price of stock, 12/31/20 Market price of stock, 12/31/21 Common stockholders' equity, 12/31/20 Common stockholders' equity, 12/31/21 Outstanding shares, 12/31/21 Preferred dividends for the year ended 2021 1,600,000 1,980,000 160,000 15,000 What is the book value per share for Lane Inc. for the year ended 2021? O A. $12.28 O B. $12.22 O C. $10.00 O D. $12.38