QS 11-24 Book value per common share LO A4 The stockholders' equity section of Montel Company's balance sheet follows. This year's dividends on preferred stock have been paid and no preferred dividends are in arrears. $ 100,000 Preferred stock-5 cumulative, $10 par value, 10,000 shares authorised, inued and outstanding Common stock-$5 par value, 380,000 shares authorired, 330,000 shares issued and outstanding Retained earnings Total stockholders' equity 1,650,000 828,000 $2,570,000 Determine the book value per share of the common stock. Book Value Per Common Share Choose Denominatori Choose Numerator: Book Value Por Common Share Book Value Per Common Share