I have seen too many mixed solutions on this problem below and am unsure which is the correct way to tackle it

Book and liquidation valueThe balance sheet for Gallinas Industries is as follows.

Assets		Liabilities and stockholders equity
Cash	$ 40,000	Accounts payable	$100,000
Marketable securities	60,000	Notes payable	30,000
Accounts receivable	120,000	Accrued wages	30,000
Inventories	160,000	Total current liabilities	$160,000
Total current assets	$380,000	Long-term debt	$180,000
Land and buildings (net)	$150,000	Preferred stock	$80,000
Machinery and equipment	250,000	Common stock (10,000 shares)	260,000
Total fixed assets (net)	$400,000	Retained earnings	100,000
Total assets	$780,000	Total liabilities and stockholders equity	$780,000
Gallinas Industries Balance Sheet as of December 31

Additional information with respect to the firm is available:

1. Preferred stock can be liquidated at book value.
2. Accounts receivable and inventories can be liquidated at 90% of book value.
3. The firm has 10,000 shares of common stock outstanding.
4. All interest and dividends are currently paid up.
5. Land and buildings can be liquidated at 130% of book value.
6. Machinery and equipment can be liquidated at 70% of book value.
7. Cash and marketable securities can be liquidated at book value.

Given this information, answer the following:

1. What is Gallinas Industries book value per share?
2. What is its liquidation value per share?
3. Compare, contrast, and discuss the values found in parts a and b.