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1. The following information is available for Barone Corporation in 2018 with Net Income of $20,250,000. The company also had Preferred Stock, 6%, $50 par

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1. The following information is available for Barone Corporation in 2018 with Net Income of $20,250,000. The company also had Preferred Stock, 6%, $50 par value with 150,000 shares authorized and 135,000 issued and outstanding. The full dividend was paid this year January 1, 2018 Shares outstanding April 1, 2018 Shares issued July 1, 2018 October 1, 2018 Shares issued in a 30% stock dividend November 1, 2018 2::1 Split 4,000,000 640,000 240,000 Treasury shares purchased Compute the basic EPS. (Please show all of your work)

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