Please help, show step by step calculations, I am confused! Thank you so much in advance.

The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock for Rothchild Corporation. 8% cumulative preferred stock, $100 par Common stock, $5 par, authorized 100,000 shares, issued 60,000 shares Additional paid-in capital Deficit (negative amount in retained earnings) Dividends in arrears on preferred stock, 1 full year $ 200,000 300,000 460,000 146,800 16,000 a. Compute the amount of net assets (stockholders' equity). b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.)