The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows:

Preferred stock, $30 par value, 5,000 shares authorized, ? shares issued	$120,000
Common stock, ? par, 10,000 shares authorized, 6,000 shares issued	60,000
Additional paid-in capitalPreferred	7,600
Additional paid-in capitalCommon	540,000
Additional paid-in capitalTreasury stock	1,400
Total contributed capital	$729,000
Retained earnings	33,000
Treasury stock, preferred, 100 shares	(3,300)
Total stockholders equity	$ ?

Required:

Determine the following items based on Eldon's balance sheet. Round all calculations except per-share amounts to the nearest whole number; round per-share amounts to the nearest cent.

8. The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value $fill in the blank 8 per share