Blossom Inc. presented the following data. Net income Preferred stock: 52,000 shares outstanding, $100 par, 9% cumulative, not convertible Common stock: Shares outstanding 1/1 Issued for cash, 5/1 Acquired treasury stock for cash, 8/1 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $ 1.06 $2,360,440 5,200,000 686,400 297,600 148,800

Blossom Inc. presented the following data