Question - At fiscal year end, Dec 31, 2017, Alpha Corporations had total stockholders equity of 2500000. On FY 2017 year end, Alpha Corporation had common stock account of 1000000 of $10 par value common stock and preferred stock account of 100000 of $100 par value. There was no treasury stock. The prefereed stock was noncumulative and had a call price of $105. Use this to determine the book value of common stock as of end of the FY 2017.