Required information

The Foundational $15($Algo$)[$LO$14-2,$ LO$14-3,$ LO$14-4,$ LO$14-5,$ LO$14-6]$

Skip to question

$[$The following information applies to the questions displayed below.$]$

Markus Company$$s common stock sold for $$3\mathrm{.}25$ per share at the end of this year. The company paid a common stock dividend of $$0\mathrm{.}65$ per share this year. It also provided the following data excerpts from this year$$s financial statements:

Ending Balance Beginning Balance

Cash $ $39,000$ $ $35,200$

Accounts receivable $ $72,000$ $ $56,200$

Inventory $ $61,900$ $ $72,000$

Current assets $ $172,900$ $ $163,400$

Total assets $ $531,000$ $ $550,400$

Current liabilities $ $69,000$ $ $60,000$

Total liabilities $ $156,000$ $ $140,400$

Common stock, $$1$ par value $ $132,000$ $ $132,000$

Total stockholders$$ equity $ $375,000$ $ $410,000$

Total liabilities and stockholders$$ equity $ $531,000$ $ $550,400$

This Year

Sales $($all on account$)$ $ $850,000$

Cost of goods sold $ $493,000$

Gross margin $ $357,000$

Net operating income $ $173,375$

Interest expense $ $9,500$

Net income $ $114,712$

Foundational $14-6($Algo$)$

$6.$ What is the book value per share at the end of this year?

Note: Round your answer to $2$ decimal places.