Consider the following scenario for Alphabet Inc. and compute the earnings per share (EPS) for the fiscal year 2023:

• Net Income: $2,000,000
• Preferred Dividends: $100,000
• Weighted Average Common Shares Outstanding: 1,000,000
• Weighted Average Preferred Shares Outstanding: 50,000
• Preferred Dividend per Share: $2.00

Earnings per share (EPS) is a key financial metric that measures a company's profitability on a per-share basis and is used by investors to assess its financial performance. Analyze the provided scenario and calculate Alphabet Inc.'s EPS for the fiscal year 2023. This calculation provides insights into the company's earnings available to common shareholders and aids in investment decision-making.