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Blossom Corporation has outstanding at December 31,2022,48,500 shares of $21 par value, cumulative, 7% preferred stock and 204,500 shares of $6 par value common stock.

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Blossom Corporation has outstanding at December 31,2022,48,500 shares of $21 par value, cumulative, 7% preferred stock and 204,500 shares of $6 par value common stock. All shares were outstanding the entire year. During 2022, Blossom earned total revenues of $1,990,000 and incurred total expenses (except income taxes) of $1,100,000. Blossom's income tax rate is 20%. Caculate Blossom's 2022 preferred dividends. Preferred dividends $ eTextbook and Media Attempts: 0 of 3 used (a3) Compute Blossom's 2022 earnings per share. (Round answer to 2 decimal places, e.g. 2.25.) Earnings per share $

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