At July 1, 2020, Peters Corporation had the following share capital $ 2 Preferred shares, cumulative", 200,000 shares authorized, 50,000 shares issued Common shares, 1,000,000 shares authorized, 100,000 shares issued $ 800,000 2,500,000 $ 3,300.000 "The preferred dividends are 2 years in arrears. On January 1, 2021, the board of directors declared and paid a 15% common stock dividend when the market price of common shares was $23.50 On April 1, 2021, the company sold an additional 1,000,000 common shares for proceeds of $ 5,680,000 The corporation earned $ 722,000 during the year and paid $ 186,000 in dividends Required: a). Calculate Peters Corporation's earnings per share for the year ended June 30, 2021, assuming the company paid $ 186,000 in cash dividends. b) Calculate Peters Corporation's earnings per share for the year ended June 30, 2021, assuming the company paid $ 186,000 in cash dividends but there were no preferred dividends in arrears C) Calculate Peters Corporation's earnings per share for the year ended June 30, 2021, assuming the preferred dividends are noncumulative and $ 50,000 in total cash dividends were paid during the year At July 1, 2020, Peters Corporation had the following share capital $ 2 Preferred shares, cumulative", 200,000 shares authorized, 50,000 shares issued Common shares, 1,000,000 shares authorized, 100,000 shares issued $ 800,000 2,500,000 $ 3,300.000 "The preferred dividends are 2 years in arrears. On January 1, 2021, the board of directors declared and paid a 15% common stock dividend when the market price of common shares was $23.50 On April 1, 2021, the company sold an additional 1,000,000 common shares for proceeds of $ 5,680,000 The corporation earned $ 722,000 during the year and paid $ 186,000 in dividends Required: a). Calculate Peters Corporation's earnings per share for the year ended June 30, 2021, assuming the company paid $ 186,000 in cash dividends. b) Calculate Peters Corporation's earnings per share for the year ended June 30, 2021, assuming the company paid $ 186,000 in cash dividends but there were no preferred dividends in arrears C) Calculate Peters Corporation's earnings per share for the year ended June 30, 2021, assuming the preferred dividends are noncumulative and $ 50,000 in total cash dividends were paid during the year