The year-end balance sheet of Manor, Inc., includes the following stockholders equity section (with certain details omitted): Stockholders equity: 01% cumulative preferred stock, $10 par value, authorized 100,000 shares . $ 4,400,000 Common stock, $1 par value, authorized 2,000,000 shares . . . . . . . . . . . . . . . . . . . . . . . . . . 3,400,000 Additional paid-in capital: common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,800,000 Donated capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 400,000 Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... 3,160,000 Total stockholders equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $18,160,000 Instructions From this information, compute answers to the following question: Required: What is the book value per share of common stock? (There are no dividends in arrears.)Required to answer. Single choice.

(4 Points)

$4.05

$3.06

$8.09

$2.09

None of these