13-12 Ecker Company reports $2,500,000 of net income for 2017 and declares $399,400 on its preferred stock for 2017. At the end of 2017 the company had 652,000 weighted average shares of common stock. 1. What amount of net income is available to common stockholders for 2017? 2. What is the company's basic EPS for 2017? 13-13 Kelley Company reports $840,000 in net income for 2017 and declares $100,000 of cash dividends on its preferred stock. At the end of 2017 the company has 350,000 weighted average shares of common stock. 1. What amount of net income is available to common stockholders for 2017? 2. What is the company's basic EPS for 2017.]