The Following Information Is Available for the Barber Corporation as of December

The following information is available for the Barber Corporation as of December 31,2017: $$\begin{array} { | l | r | } \hline \begin{array} { l } \text { Preferred shares, cumulative, } \$ 10,1,000 \text { shares authorized and } \\\text { Issued }\end{array} & \$ 100,00 \\\hline \text { Common shares, } 4,000 \text { shares authorized and issued } & 400,000 \\\hline \text { Retained earnings } & 100,000 \\\hline\end{array}$$ Barber Corporation did not declare a dividend in 2016 or 2017.The liquidation value of the preferred shares is $100 per share.Prior to 2016,there were no dividends in arrears.Compute book value per share for preferred shares and common shares.

A) $110 for preferred, $185 for common
B) $120 for preferred, $182.50 for common
C) $100 for preferred, $187.50 for common
D) $120 for preferred, $120 for common