The equity section of Cyril Corporation's balance sheet shows the following: Preferred stock-5% cumulative, $25 par value, 10,000 shares issued and outstanding Common stock-$10 par value, 30,000 shares issued and outstanding Retained earnings $ 250,000 300,000 267,500 $ 817,500 Total stockholders' equity This year's dividends on preferred stock have been paid. Determine the book value per share of common stock under two separate situations. 1. No preferred dividends are in arrears. 2. Three years of preferred dividends are in arrears. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the book value per share of the preferred and common stock for no preferred dividends are in arrears. Book Value per Common Share Choose Numerator: Choose Denominator: Book Value per Common Share Book value per common share Required 1 Required 2 > The equity section of Cyril Corporation's balance sheet shows the following: Preferred stock-5% cumulative, $25 par value, 10,000 shares issued and outstanding Common stock-$10 par value, 30,000 shares issued and outstanding Retained earnings $250,000 300,000 267,500 $ 817,500 Total stockholders' equity This year's dividends on preferred stock have been paid. Determine the book value per share of common stock under two separate situations. 1. No preferred dividends are in arrears. 2. Three years of preferred dividends are in arrears. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the book value per share of the preferred and common stock for three years of preferred dividends are in arrears. Book Value per Common Share Choose Numerator: Choose Denominator: Book Value per Common Share Book value per common share KRequired 1 Required 2