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ABC Gas and Electric Company is a large gas and electric utility operating in northern and central California. Three recent years of financial data for

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ABC Gas and Electric Company is a large gas and electric utility operating in northern and central California. Three recent years of financial data for ABC Gas and Electric Company are as follows: Fiscal Years Ended Year 3 Year 2 Year 1 Net income $874 $1,320 $804 Preferred dividends $16 $16 $16 Average number of common shares outstanding 484 468 444 a. Determine the earnings per share for fiscal Year 3, Year 2, and Year 1. Round to two decimal places. Year 3 Earrings per share Year 2 Earnings $ per share

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