The following financial statements and information are available for Blythe Industries, Incorporated.

Balance Sheets

As of December $31$

Year $2$ Year $1$

Assets

Cash $$180,200$ $$135,700$

Accounts receivable $116,10096,000$

Inventory $209,700193,200$

Marketable securities $($available for sale$)294,000230,000$

Equipment $731,000551,000$

Accumulated depreciation $(349,000)(270,000)$

Land $90,000135,000$

Total assets $$1,272,000$ $$1,070,900$

Liabilities and equity

Liabilities

Accounts payable $($inventory$)$ $$40,900$ $$74,500$

Notes payable$$Long$-$term $259,000281,000$

Bonds payable $225,000112,000$

Total liabilities $524,900467,500$

Stockholders$$ equity

Common stock, no par $270,300225,000$

Preferred stock, $$50$ par $122,000112,000$

Paid$-$in capital in excess of par$$Preferred stock $40,10030,100$

Total paid$-$in capital $432,400367,100$

Retained earnings $349,700281,300$

Less: Treasury stock $(35,000)(45,000)$

Total stockholders$$ equity $747,100603,400$

Total liabilities and stockholders$$ equity $$1,272,000$ $$1,070,900$

Income Statement

For the Year Ended December $31,$ Year $2$

Sales revenue $$1,181,000$

Cost of goods sold $(862,200)$

Gross profit $318,800$

Operating expenses

Supplies expense $$22,900$

Salaries expense $103,000$

Depreciation expense $101,000$

Total operating expenses $(226,900)$

Operating income $91,900$

Nonoperating items

Interest expense $(18,000)$

Gain from the sale of marketable securities $29,000$

Gain from the sale of land and equipment $12,000$

Net income $$114,900$

Additional Information

Sold land that cost $$45,000$ for $$49,000.$

Sold equipment that cost $$34,000$ and had accumulated depreciation of $$22,000$ for $$20,000.$

Purchased new equipment for $$214,000.$

Sold marketable securities that were classified as available$-$for$-$sale and that cost $$50,000$ for $$79,000.$

Purchased new marketable securities$,$ classified as available$-$for$-$sale, for $$114,000.$

Paid $$22,000$ on the principal of the long$-$term note.

Paid off a $$112,000$ bond issue and issued new bonds for $$225,000.$

Sold $100$ shares of treasury stock at its cost.

Issued some new common stock.

Issued some new $$50$ par preferred stock.

Paid dividends. $($Note: The only transactions to affect retained earnings were net income and dividends.$)$

Prepare a statement of cash flows using the direct method.

a$.$ What is the cost per share of the treasury stock sold?

b$.$ What was the price per share of the newly issued preferred stock? $($Round final answer to the nearest whole number.$)$

c$.$ What was the book value of the equipment sold?