At December 31, 2024, Sheridan Company had 296000 shares of common stock and 9400 shares of 7%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2024 or 2025. On January 30, 2026, before the issuance of its financial statements for the year ended December 31, 2025, Sheridan declared a 100% stock dividend on its common stock. Net income for 2025 was $1147000. In its 2025 financial statements, Sheridan will report 2025 earnings per share of O $1.93. O $3.56. O $1.83. O$3.88.

At December 31,2024 , Sheridan Company had 296000 shares of common stock and 9400 shares of 7%,$100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2024 or 2025. On January 30 , 2026 , before the issuance of its financial statements for the year ended December 31,2025 , Sheridan declared a 100% stock dividend on its common stock. Net income for 2025 was $1147000. In its 2025 financial statements, Sheridan will report 2025 earnings per share of $1.93. $3.56. $1.83. $3.88