Current Attempt in Progress At December 31, 2022, Sandhill Corporation has 2,000 shares of $100 par value, 9%, preferred stock outstanding and 100,000 shares of $10 par value common stock issued. Sandhill's net income for the year is $244,000. Compute the earnings per share of common stock under the following independent situations. (Round answers to 2 decimal places, e.g. 10.50.) (a) The dividend to preferred stockholders was c (b) The dividend to preferred stockholders was r value common stock issued. Sandhill's net income for the year is $244,000. Compute the earnings per share of common stock under the following independent situations. (Round answers to 2 decimal places, e.g. 10.50.) (a) The dividend to preferred stockholders was c Earnings per share of common stock \$ e preferred stock is cumulative. Sandhill held 12,000 : e of common stock $ Attempts: unlimited tock outstanding and 100,000 shares of $10 par ralue common stock issued. Sandhill's net income for he year is $244,000. Compute the earnings per share of common stock inder the following independent situations. (Round inswers to 2 decimal places, e.g. 10.50.) (a) The dividend to preferred stockholders was c Earnings per share of common stock $ Sandhill held 12,000 shares of common treasury sto of common stock $ Attempts: unlimited stock outstanding and 100,000 shares of $10 par value common stock issued. Sandhill's net income for the year is $244,000. Compute the earnings per share of common stock under the following independent situations. (Round answers to 2 decimal places, e.g. 10.50.) (a) The dividend to preferred stockholders was c Earnings per share of common stock \$ ares of common treasury stock throughout the year. e of common stock \$ eTextbook and Media Attempts: unlimited