on December

Problem 17-6A Calculating book value LO4 On December 31, 2020, University Security Inc. showed the following: "All of the shares had been issued early in 2019. Required: Part 1: Calculate book value per common share and preferred share at December 31,2020 , assuming no dividends were declared for the years ended December 31,2019 or 2020 , and that the preferred shares are: a. Cumulative. (Round the final answers to 2 decimal places.) a. Cumulative. (Round the final answers to 2 decimal places.) b. Non-cumulative. (Round the final answers to 2 decimal places.) Part 2: Calculate book value per common share and preferred share at December 31,2020 , assuming total dividends of $98,500 were declared and paid in each of the years ended December 31, 2019 and 2020 , and that the preferred shares are: c. Cumulative. (Round the final answers to 2 decimal places.) d. Non-cumulative. (Round the final answers to 2 decimal places.)