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11 Hardaway Fixtures' balance sheet at December 31, 2020, included the following: 10 Shares issued and outstanding: Common stock, $1 par points Nonconvertible preferred
11 Hardaway Fixtures' balance sheet at December 31, 2020, included the following: 10 Shares issued and outstanding: Common stock, $1 par points Nonconvertible preferred stock, $50 par $1,200,000 30,000 On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $105,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $6,000,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round Intermediate calculations.) Numerator 5,850,000 Answer is complete but not entirely correct. Denominator 1,500,000 Earnings per Share 3.91
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