Need B and C answered.

Gallinas Industries Balance Sheet December 31 Assets Liabilities and Stockholders' Equity Cash Accounts payable Marketable securities Notes payable. Accounts receivable Accrued wages Inventories Total current assets Land and bulldings (net) Total current liabilities Machinery and equipment Total foced assets (net) Total assets \begin{tabular}{ll} & 129,880 \\ \hline$ & 396,720 \\ \hline$ & 137,730 \\ 229,550 \\ \hline$ & 367,280 \\ \hline$ & 764,000 \\ \hline \hline \end{tabular} Long-term debt Preferred stock Common stock ( 10,000 shares) Retained earnings Total liabilities and stockholders' equity 1. Preferred stock can be liquidated at book value. 2. Accounts receivable and inventories can be liquidated at 88% of book value. 3. The firm has 10,000 shares of common stock outstanding. 4. All interest and dividends are currently paid up. 5. Land and buildings can be liquidated at 120% of book value. 6. Machinery and equipment can be liquidated at 74% of book value. 7. Cash and marketable securities can be liquidated at book value. Given this information, answer the following: a. What is Gallinas Industries' book value per share? b. What is its liquidation value per share? c. Compare, contrast, and discuss the values found in parts a and b. a. Gallinas Industries' book value per share is $32.09. (Round to the nearest cent.) b. Gallinas Industries' liquidation value per share is $ (Round to the nearest cent.)