(Market value analysis) The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per share x total shares outstanding) of $1,342 inne. Furthemore, the firmis income statement for the year just enided has a net income of $587,000, which is 50.310 per share of common stock outstanding th eamings ratio for firms similar to Underwood Motors is 21.77. a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwood's shates? a. What price would you expect Underwood Motors shares to sell for? The market price per share is 5 (Found to the nearest cent.)