The following data are provided: December 31 2021 2020 Cash $ 1650000 $ 1015000 Accounts receivable (net) 1500000 1250000 Inventories 2600000 2150000 Plant assets (net) 8000000 6500000 Accounts payable 1200000 790000 Income taxes payable 215000 90000 Bonds payable 1450000 1450000 2150000 2150000 10% Preferred stock, $50 par Common stock, $10 par 2500000 1800000 1600000 1200000 Paid-in capital in excess of par Retained earnings 4100000 3600000 Net credit sales 12900000 Cost of goods sold 8400000 Operating expenses 2900000 Net income 1450000 Additional information: Depreciation included in cost of goods sold and operating expenses is $1240000. On May 1, 2021, 70000 shares of common stock were issued. The preferred stock is cumulative. The preferred dividends were not declared during 2021. The book value per share of common stock at 12/31/21 is O 8200 : 229. O 7950 - 250. O 7985 = 250. O 7985 = 229