The balance sheet of Pan Am Sports Corp. reported the following Cumulative preferred shares, 600 shares isted and outstanding ligudation value $16.000 $ 10 000 Common shares, 25 000 shares sued and outstanding 191.000 Assume that Pan Am Sports has paid preferred dividends for the current year and all prior years (no dividends in arrears) Retained ownings was $140,000 Required Compute the book value per share of the preferred shares and the common shares Round your answers to the nearest cent) Bock value per share of preferred shares Block Dershare of common shares