Shown below is information relating to the stockholders' equity of Grant Corporation at December 31, Year 1: $ 1,400,000 6.0% cumulative preferred stock, $100 par value; authorized, 28,000 shares; issued and outstanding, 14,000 shares Common stock, $3 par value; authorized, 440,000 shares; issued and outstanding, 264,000 shares Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings $ 792,000 $ 14,000 $ 2,000,000 $ 970,000 Dividends have been declared and paid for Year 1. The book value per share of common stock is: Multiple Choice O $14.25. O $10.58 O $14.30 O O $5.00