The equity section of Cyril Corporation's balance sheet shows the following heleed stock -6% cumulative. $25 par value. 10,000 shares issued and outstanding Common stock-$8 por value, 100,000 shares issued and outstanding Ruted earnings... Total stockholders' equity Exercise 13-20 Book value per te M4 5 250.000 200.000 5.000 $185.000 Determine the book value per share of common stock under two separate situations 1. No preferred dividends are in arrears at the current date. 2. Three years of preferred dividends are in arrears at the current date Check