On December 31, 2021. Colaw Company reports the following amounts in its stockholder' equity section: $2.400.000 900.000 Common stock Paid-in capital in excess of stated value-common Retained earnings Treasury stock-common 1,980,000 180.000 The common stock has a stated value of $10 per share. One million shares of common stock are authorized and 40,000 shares are held in the treasury: Compute the book value per share of common stock. (Round answer to 2 decimal places, e.g. 52.75.) Book value per share of common stock $