Stockholders' equity of Delta Corp at Dec. 31 2015

^% cumulative preferred stock $100 par. 10,000 share authorized 6,000 shares issued $600,000

Common stock $3 par 500,000 shares authorized, 300,000 shares issued & outstanding $900,000

Additional paid in capital preferred stock $60,000

Addition paid in capital common stock $1,900,000

Retained earnings $1,090,000

Dividends have been delcared and paid for 2015. The book value per share of common stock is:

a) 7.90

b)15,17

c) 9.10

d) 13.17