The equity section of Cyril Corporation's balance sheet shows the following Preferred stock-4% cumulative, $25 par value, $30 call price 10,000 shares issued and outstanding Common stock-$10 par value, 35,000 shares issued and outstanding Retained earnings $ 250,000 350,000 267,500 Total stockholders' equity $ 867,500 Determine the book value per share of the preferred and common stock under two separate situations 1. No preferred dividends are in arrears. k Value Per Preferred Shar Choose Numerator: Choose Denominator: Book Value Per Preferred Share Book value per preferred share ook Value Per Comm on Share Choose Numerator: Choose Denominator: Book Value Per Common Share Book value per common s hare