The equity section of Cyril Corporation's balance sheet shows the following: $ 250,000 Preferred stock6% cumulative, $25 par value, 10,000 shares issued and outstanding ......... Common stock-$8 par value, 100,000 shares issued and outstanding...... Retained earnings .............. Total stockholders' equity ............ 800,000 535,000 $1,585,000 Chapter 13 Accounting for Corporations This year's dividen e dividends on preferred stock have been paid. Determine the book value per share of common cook under two separate situations. No preferred dividends are in arrears. Three years of preferred dividends are in arrears. anded December 31 2015 and