Prepare the journal entries (in good form) and the shareholder equity section of the Balance Sheet at 12/31/97. TADEM, Inc. had the following stockholders' equity accounts on 1/1/97: common stock ($5 par) $600,000, Paid-In Capital $230,000, and Retained Earnings of $160,000. During 1997 the company had the following transactions occurred: 1. Issued 10,000 additional shares of common stock for $80,000 2. Declared and paid a cash dividend of $40,000 3. Net income was $150,000 What is the book value per share of TADEM?