Santa Fe Boat Yard has total stockholders' equity of $3,220,000, comprised of the following: - $1,000,000 in $5 preferred stock consisting of 10,000 shares of $100 par value. - $500,000 in common stock of $10 par value per value. - $700,000 of additional paid-in capital. - $1,020,000 in retained earnings. Assuming there are no dividends in arrears, the book value per share of common stock is: $34.40. $44.40. $10.00. $64.40