Question 12 View Police Current Attempt in Progress Pharoahe began operations in Johary 2015 and reported the following results for each of its 3 years of operations 2015 5283.000 met loss 2016 $36.000 net loss 2017 $746.000 net income At December 31, 2017. Pharoah Inc. capital accounts were as follows. $530,000 cu tive preferred stock par value $100, authorized, issued and outstanding 5.300 shares Common stock par value $100 authorized 1,000,000 shares sued and outstanding 758.000 shares $758.000 Pharoahechas never paid cash or stock dividend. There has been no change in the capital accounts since Pharoah began operations. The state law permits dividends only from retained earnings. Compute the book value of the common stock at December 31, 2017. Round answers to 2 decimal places, es $38.50) Book value per share s. Compute the book value of the common stock at December 31, 2017,suming that the preferred stock has a liquidating value of $107 per share. (Round answers to 2 decimal places. $38.50) Book value persones eTextbook and Media