Santa Fe Boat Yard has total stockholders' equity of $3,650,000, comprised of the following: - $1,170,000 in $5 preferred stock consisting of 11,700 shares of $100 par value. - $640,000 in common stock of $8 par value per value. - $700,000 of additional paid-in capital. - $1,140,000 in retained earnings. Assuming there are no dividends in arrears, the book value per share of common stock is: $31.00. $23.00. $8.00. $45.63