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Coronado Corporation had 960000 shares of common stock outstanding during the year. Coronado declared and paid cash dividends of $480000 on the common stock and

Coronado Corporation had 960000 shares of common stock outstanding during the year. Coronado declared and paid cash dividends of $480000 on the common stock and $330000 on the preferred stock. Net income for the year was $1770000. What is Coronados earnings per share?

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