The common stock of KRJ Enterprises is currently selling for $70.25 per share. Last year the company reported total earnings of $315 million and there were 101 million shares of common stock outstanding. The common stock account is valued at $24 million, additional paid-in capital is $291 million, and retained earnings is $626 million. What was the company's book value per share? Present your answer to two decimal places. e.g. $20.00.