3-1. (Computing earnings per share) If ABC Company earned $280,000 in net income and paid cash dividends of $40,000, what are ABC 's eamings per share and dividends per share if it has 80,000 shares outstanding? 3-2. (Preparing an income statement) Prepare an income statement and a common-sized income statement from the following information. 3-1. (Computing earnings per share) If ABC Company earned $280,000 in net income and paid cash dividends of $40,000, what are ABC 's eamings per share and dividends per share if it has 80,000 shares outstanding? 3-2. (Preparing an income statement) Prepare an income statement and a common-sized income statement from the following information