The following stockholders' equity accounts arranged alphabetically are in the ledger of Crane Corporation at December 31, 2020. Common Stock ($10 stated value) $1,550,000 Paid-in Capital from Treasury Stock 10,000 Paid-in Capital in Excess of Par-Preferred Stock 42,400 Paid-in Capital in Excess of Stated Value-Common Stock 720,000 Preferred Stock (7%, $100 par, noncumulative) 490,000 Retained Earnings 772,000 Treasury Stock-Common (7,000 shares) 100,000

A.Prepare a stockholders' equity section at December 31, 2020.

B. Compute the book value per share of the common stock, assuming the preferred stock has a call price of $110 per share. (Round answer to 2 decimal places, e.g. 10.50.)