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A company reports the following: Net income $1,143,780 $84,720 Preferred dividends Shares of common stock outstanding Market price per share of common stock 57,000 $53.88

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A company reports the following: Net income $1,143,780 $84,720 Preferred dividends Shares of common stock outstanding Market price per share of common stock 57,000 $53.88 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent

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