The stockholders' equity section of Montel Company's balance sheet follows. This year's dividends on preferred stock have been paid and no preferred dividends are in arrears. Preferred stock-5% cumulative, $10 par value, 10,000 shares authorized, issued and outstanding) Common stock-$5 par value, 200,000 shares authorized, 150,000 shares issued and outstanding. Retained earnings Total stockholders' equity Determine the book value per share of the common stock. Choose Numerator: $ 190,000 750,000 710,000 $1,560,000 Book Value Per Common Share Choose Denominator: Book Value Per Common Share Book Value Per Common Share