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ASAP Kellman Company Year 2 Year 1 Total current assets $600,000 60,000 S560.000 40,000 Total investments 900.000 700,000 125,000 65.000 350,000 250.000 Total property, plant,
ASAP Kellman Company Year 2 Year 1 Total current assets $600,000 60,000 S560.000 40,000 Total investments 900.000 700,000 125,000 65.000 350,000 250.000 Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 9% stock, $100 par Common stock, $10 par Paid-in capital in excess of par-Common stock Retained earnings 100,000 100.000 600.000 600,000 75.000 75.000 310,000 210.000 Using the balance sheets for Kellman Company, if net income is $250,000 and interest expense is $30,000 for Year 2. what are the earnings per share on common stock for Year 2? a $4.32 b. $4.02 c. $2.49 d. $4,16
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