A Company Reports the Following Stockholders' Equity Contributed Capital:
Compute the (1)number of Common Shares Outstanding and Common

A company reports the following stockholders' equity:
$\begin{array}{|l|r|}\hline \text { Common stock, } \$ 10 \text { par, } 500,000 \text { shares authorized } & \$ 3,000,000 \\\hline \text { Contributed capital in excess of par, common stock } & \underline{1,300,000} \\\hline \text { Total contributed capital } & \$ 4,300,000 \\\hline \text { Retained earnings } & \underline{1,400,000} \\\hline \text { Total stockholders' equity } & \$ 5,700,000 \\\hline\end{array}$

Contributed capital:
Compute the (1)number of common shares outstanding and (2)book value per common share.