The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock for Rothchild Corporation 84 cumulative preferred stock, $100 par Common stock, $5 par, authorized 100,000 shares, issued 60,000 shares Additional paid-in capital Deficit (negative amount in retained earnings) Dividends in arrears on preferred stock, 1 full year $ 220,000 300,000 530,000 146,800 17,600 a. Compute the amount of net assets (stockholders' equity) b. Compute the book value per share of common stock (Round your answer to 2 decimal places.) c. Is book value per share (answer to part b) the amount common stockholders should expect to receive if Rothchild Corporation were to cease operations and liquidate? a Amount of net assets b. Book value Is book value per share the amount common stockholders should expect to receive? per share