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On December 31, 2020, University Security Inc. showed the following: University Security Inc. Equity Section of Balance Sheet Contributed capital: December 31, 2020 Preferred
On December 31, 2020, University Security Inc. showed the following: University Security Inc. Equity Section of Balance Sheet Contributed capital: December 31, 2020 Preferred shares, $4.3, unlimited shares. authorized, 14,300 shares issued and outstanding* Common shares, unlimited shares authorized, 35,300 shares issued and outstanding Total contributed capital Retained earnings Total equity "All of the shares had been issued early in 2019. Required: Part 1: $ 311,000 458,000 $ 769,000 955,000 $1,724,000 Calculate book value per common share and preferred share at December 31, 2020, assuming no dividends were declared for the years ended December 31, 2019 or 2020, and that the preferred shares are: a. Cumulative. (Round the final answers to 2 decimal places.) Common share Preferred share Book Value
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