Ecker Company reports $$1,450,000$ of net income and declares $$203,000$ of cash dividends on its preferred stock for the year. At year$-$end, the company had $290,000$ weighted$-$average shares of common stock.

What amount of net income is available to common stockholders?

$\backslash$table$[[$Net income,$],[$To preferred stockholders,$],[$Net income available to common stockholders,$]]$

What is the company's basic earnings per share $($EPS$)?$

$\backslash$table$[[$Basic Earnings per Share,$],[$Choose Numerator:,C$,$Choose Denominator:,,Basic Earnings per Share$],[$Net income available to common stockholders,I Weighted$-$average outstanding shares,vdots$=,$Basic earnings per share,$],[,1$ L$,=,,]]$