The book value per share of preferred stock is: Reling Company reports the following information as of 12/31/05 10% cumulative preferred stock, par value $10, liquidation value $11; $100,000 20,000 share authorized and issued, 10,000 share outstanding Common stock - authorized 50,000 and 40,000 outstanding, $1 par value Additional paid-in capital $40,000 $350,000 $230,000 Retained earnings : : B. $20. : A. $22. B. $20. C. $11. D. $10