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Blue Corporation had 2017 net income of $1,175,000. During 2017, Blue paid a dividend of $2 per share on 201,900 shares of preferred stock. During
Blue Corporation had 2017 net income of $1,175,000. During 2017, Blue paid a dividend of $2 per share on 201,900 shares of preferred stock. During 2017, Blue had outstanding 241,000 shares of common stock. Compute Blues 2017 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share $ per share
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