ETam Question 1: (4 marks) At December 31, 2017, ABC Company has S200,000 of $100 par value, 7%, cumulative preferred stock outstanding and $1,000,000 of $10 par value common stock issued. ABC s net income for the year is $269,000 Compute preferred stockholders was declared, and 15,000 shares of common treasury stock were held throughout the year. eanings per share (EPS) of common stock for 2017 if the dividend to