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Exercise 13-13 Earnings per share LO A1 Kelley Company reports $1,550 000 of net income for 2013 and declares $217,000 of cash dividends on its

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Exercise 13-13 Earnings per share LO A1 Kelley Company reports $1,550 000 of net income for 2013 and declares $217,000 of cash dividends on its preferred stock for 2013 At the end of 2013, the company had 250,000 weighted-average shares of common stock 1. What amount of net income is available to common stockholders for 2013? Net income To preferred stockholders To common stockholders

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