5 of 5 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Bramble Inc. presented the following data. Net income $2,440,000 Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,200,000 Common stock: Shares outstanding 1/1 784,800 Issued for cash, 5/1 312,000 Acquired treasury stock for cash, 8/1 151,200 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, eg. $2.55.) Earnings per share 1.39 0/1