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Earnings Per Share (EPS) ACME Logistics Ltd. (ALL) reported net income of $750,000 for the year ended December 31, 2022. During the year, the company
Earnings Per Share (EPS) ACME Logistics Ltd. (ALL) reported net income of $750,000 for the year ended December 31, 2022. During the year, the company also declared and paid dividends on the company's 10,000 outstanding no par, $4.50 preferred shares. At the beginning of the 2022, ALL had 350,000 common shares outstanding. On June 1, ALL issued 200,000 common shares and on September 30 repurchased 40,000 common shares. On November 1, the company instituted a 3-for-1 stock split. Required: Calculate the following: Use the blank workspace below to show any supporting calculations. Preferred share dividends paid (Enter to two decimal places, e.g. 1234.56) Weighted Average Common Shares (WACS) (Enter to the nearest whole number, e.g. 1234) Basic EPS (Enter to two decimal places, e.g. 12.34) $
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