The balance sheet of Pelota Sports Corp. reported the following: Cumulative preferred shares: 550 shares issued and outstanding. liquidation value $18,000 $ 18,000 Common shares: 31,000 shares issued and outstanding 201,000 Assume that Pelota Sports has paid preferred dividends for the current year and all prior years (no dividends in arrears). Retained earnings was $130,000, Required Compute the book value per share of the preferred shares and the common shares. (Round your answers to the nearest cent.) Book value per share of preferred shares Book value per share of common shares 32.73 Enter any number in the edit fields and then continue to the next question, 1 Type here to search o