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cker Company reports $1,450,000 of net income and declares $203,000 of cash dividends on its preferred stock for the year. A ear-end, the company had

image text in transcribed cker Company reports $1,450,000 of net income and declares $203,000 of cash dividends on its preferred stock for the year. A ear-end, the company had 350,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders? 2. What is the company's basic earnings per share (EPS)

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