The equity section of Cyril Corporation's balance sheet shows the following Preferred stock-7% cumulative, $20 par value, $25 call price 10,000 shares issued and outstanding Common stock-$10 par value, 30,000 shares issued and outstanding Retained earnings $ 200,000 300,000 267,500 Total stockholders' equity $ 767,500 Determine the book value per share of the preferred and common stock under two separate situations 1. No preferred dividends are in arrears. ook Value Per Preferred Shar Choose Numerator: Choose Denominator: Book Value Per Preferred Share Book value per pre ferred share ook Value Per Common Shar Choose Numerator: Choose Denominator: Book Value Per Common Share Book value per common share