Ariel Investigations Has Total Paid-In Capital of $74,000 and Retained

Multiple Choice

Ariel Investigations has total paid-in capital of $74,000 and retained earnings of $40,000. It has 300 shares of $100 par value common stock outstanding, and no preferred shares outstanding. The book value of each share of common stock is: (Round your answer to the nearest cent.)

A) $133.33.
B) $246.67.
C) $380.00.
D) $280.00.