The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock for Rothchild Corporation. 8% cumulative preferred stock, $100 par Common stock, $5 par, authorized 100,eee shares, issued be,eee shares Additional paid-in capital Deficit (negative amount in retained earnings) Dividends in arrears on preferred stock, i full year $ 230,00 300,000 440,00 146,880 18,480 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