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eo Calculator d.600 shares of 50 par value preferred to the preferred stock has a dividend of $9 per shar Junkyard Arts, Inc., had earnings

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eo Calculator d.600 shares of 50 par value preferred to the preferred stock has a dividend of $9 per shar Junkyard Arts, Inc., had earnings of $542,800 for the year. The company had 44,000 shares of common stock outstanding during the year and There were no transactions in either common or preferred stock during the year Determine the basic earnings per share for Junkyard Arts for the year. Round answer to two decimal places per share

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