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On December 31, 2020, University Security Inc. showed the following: *All of the shares had been issued early in 2019. Required: Part 1: Calculate book

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On December 31, 2020, University Security Inc. showed the following: *All of the shares had been issued early in 2019. Required: Part 1: Calculate book value per common share and preferred share at December 31 years ended December 31,2019 or 2020 , and that the preferred shares are: a. Cumulative. (Round the final answers to 2 decimal places.) b. Non-cumulative. (Round the final answers to 2 decimal places.) Port 2: Calculate book value per common share and preferred share at December 31,2020 , assuming total dividends of $98,500 were declared and paid in each of the years ended December 31,2019 and 2020, and that the preferred shares are: c. Cumulative. (Round the final answers to 2 decimal places.) d. Non-cumulative. (Round the final answers to 2 decimal places.)

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