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-A6 Book value per share (L.O. 6) The stockholders' equity section of Camping Haven, Inc., revealed the following information on January 1, 19XX: Dividends in arrears on the preferred stock totaled $20,000 at the begin.. ning of 19XX. Instructions a Calculate the book value per share of both the preferred stock and the common stock on lanuary 1. N. b Calculate the book value per common share immediately after each of the following transactions and events. Consider each item independently. (1) An additional 20,000 shares of common stock were sold to the public at $10.70 per share. Arie : $9.95 (2) The Retained Earnings account contained a balance of $1,055,000 on December 31, 19XX, preferred dividends totaling $15,000 had been paid during the year. \& Q, c Does book value per share indicate the amount that stockholders would receive if a corporation sold its assets, paid tits bills, and liquidated? Explain. Avg pistacce