Part IV The stockholders' equity section from Beta Corporation's balance sheet shows the following: CAPITAL STOCK AND RETAINED EARNINGS Preferred stock, $100 par value, 6% cumulative and nonpartici- pating, issued and outstanding 2,500 shares Common stock, $10 par value, issued and outstanding 50,000 $250,000 500,000 shares Total contributed capital $750,000 230,000 $980,000 Retained earnings . Total stockholders' equity 1. If there are no dividends in arrears, the book value of the corporation's preferred stock is per -share _ and the book value of its common stock is s_ per share. 2. If a total of two years dividends are in arrears on the preferred stock, the book value of the preferred Der share por _ and the book value of the common stock is s.. share stock is S