Brief Exercise 11-17 Marx Inc. reported a net income of $794,000 and a $2 preferred shares weighted average number of common shares of 309,000 for the year. It also had 49,000 Calculate basic earnings per share assuming the preferred shares are cumulative and the dividend was not paid. (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share LINK TO XT Calculate basic earnings per share assuming the preferred shares are noncumulative and the dividend was paid. (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share Calculate basic earnings per share assuming the preferred shares are noncumulative and the dividend was not paid. (Round ans wer to 2 decimal places, e.g. 15.25.) Basic earnings per share LINK T XT