Compute the book value of each share

Question

Compute the book value of each share based on the reported stockholders' equity account for Bridgford Foods in fiscal year ending November 2, 2005:

Shareholders' equity                                                             ('000)

Preferred stock, without par value

Authorized - 1,000 shares

Common stock, $1.00 par value                                             $10,505

Capital in excess of par value                                                   17,475

Retained earnings                                                                     29,355

Total Shareholders' equity                                                      $57,335