Payout Ratio and Book Value per Share Divac Company has developed a statement of stockholders' equity for the year 2017 as follows: the common stockholders have a right to the total net income of $79,000. Required: 34.68% % 2. Determine the book value per share of Divac's common stock. Round the book value per share to two decimals. $X per share Payout Ratio and Book Value per Share Divac Company has developed a statement of stockholders' equity for the year 2017 as follows: the common stockholders have a right to the total net income of $79,000. Required: 34.68% % 2. Determine the book value per share of Divac's common stock. Round the book value per share to two decimals. $X per share