Exercise 11-21 (Algo) Analyzing earnings per share LO A1 Kelley Company reports $1,975,000 of net income and declares $276,500 of cash dividends on its preferred stock for the year. At year-end, the company had 310,000 weighted average shares of common stock, 1. What is the company's basic earnings per share (EPS)? 2. In the prior year, Kelley had a basic earnings per share (EPS) of $5.28. Did Kelly improve its earnings per share (EPS) in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the company's basic earnings per share (EPS)? Basic earnings.per share Choose Denominator Choose Numerator: Basic earnings por share Basic earnings per share Required 2 > Exercise 11-21 (Algo) Analyzing earnings per share LO A1 Kelley Company reports $1,975,000 of net income and declares $276,500 of cash dividends on its preferred stock for the year. At year-end, the company had 310,000 weighted-average shares of common stock, 1. What is the company's basic earnings per share (EPS)? 2. In the prior year, Kelley had a basic earnings per share (EPS) of $5.28. Did Kelly improve its earnings per share (EPS) in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 In the prior year, Kelley had a basic earnings per share (EPS) of $5.28. Did Kelly improve its earnings per share (EPS) in the current year? Did Kelly improve its EPS in the current year?