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A corporation has 3, 000 shares, 10% preferred stock of $ 70 par, and 9,000 shares of common stock outstanding. The net income for the

A corporation has 3, 000 shares, 10% preferred stock of $ 70 par, and 9,000 shares of common stock outstanding. The net income for the year is $ 280,000 . Calculate earnings per share.

A.70

B.29

C.31

D.93

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