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Abel Company provided the following information from its financial records: Net income Common stock dividends Preferred stock dividends Sales $260,000 Common shares outstanding 1/1

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Abel Company provided the following information from its financial records: Net income Common stock dividends Preferred stock dividends Sales $260,000 Common shares outstanding 1/1 $22,000 Common shares outstanding 12/31 $26,000 Preferred shares outstanding 1/1 $920,000 Preferred shares outstanding 12/31 What is the amount of the company's earnings per share?

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