The Stockholders' Equity Section of a Corporation's Balance Sheet Follows

The stockholders' equity section of a corporation's balance sheet follows:
$\begin{array}{|l|l|} \hline \text {Preferred stock, \( \$ 25 \) par value, \( 6 \% \), cumulative, 10,000 shares authorized, } &\\ \text {5,000 shares issued and outstanding } &\$125,000\\\hline \text { Contributed capital in excess of par value, Preferred stock} &50,000\\ \hline\text {Common stock, \( \$ 10 \) par value, 50,000 shares authorized, 10,000 shares issued } &\\ \text { and outstanding } & 100,000\\\hline \text {Contributed capital in excess of par value, common stock } & 40,000\\\hline \text { Retained earnings } & 95,000\\\hline \text {Total stockholders' equity } &\$410,000\\\hline \end{array}$

(1)Assuming that the preferred stock is not callable and no dividends are in arrears,compute the book values per preferred share and per common share.
(2)Assuming that the preferred stock has a call price of $30 per share and there is one year of cumulative preferred dividends is in arrears,compute the book values per preferred share and per common share.