The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its Hebt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes (25%) Net income 2021 $ 3,000 15,000 18,000 $ 36,000 24,000 $ 60,000 $ 17,934 11,466 6,000 $ 35,400 9,000 $ 44,400 4,368 11,232 $ 15,600 $ 60,000 2021 $108,000 100,440 1,920 $ 5,640 900 $ 4,740 1,185 $ 3,555 Other data: Shares outstanding (millions) 500.00 Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes (25%) Net income 2021 $108,000 100,440 1,920 $ 5,640 900 $ 4,740 1,185 $ 3,555 Other data: Shares outstanding (millions) Common dividends (millions of $) Int. rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $1,244.25 6% 25% $85.32 What is the firm's book value per share? Do not round your intermediate calculations. a. $31.20 Ob. $22.46 c. $43.20 Od. $30.00 Oe. $28.71 Icon Key