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Peterson Company has the following stockholders' equity section in its December 31, 2003, balance sheet: Stockholders' Equity 11% Preferred Stock, 11000 shares issued $792000 Common

Peterson Company has the following stockholders' equity section in its December 31, 2003, balance sheet:

Stockholders' Equity

11% Preferred Stock, 11000 shares issued $792000

Common Stock, 67000 shares issued 1474000

Additional Paid-in Capital 2828753

Retained Earnings 1775891

Treasury stock, 7000 shares at cost (210000)

Total Stockholders' Equity $6660644

At the end of 2002, there were no preferred stock dividends in arrears. In 2003, Peterson Company declared and paid a $19000 cash dividend. The preferred stock has a liquidation preference of $73 per share.

Compute the book value per share of preferred stock and compute the book value per share of common stock. Round to the nearest cent.

The book value per share of the preferred stock is

book value per share of the common stock is $

.

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