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Exercise 19-14 (Algo) EPS; stock dividend; nonconvertible preferred stock [LO19-5, 19-6, 19-7] Hardaway Fixtures' balance sheet at December 31, 2020, included the following: On July
Exercise 19-14 (Algo) EPS; stock dividend; nonconvertible preferred stock [LO19-5, 19-6, 19-7] Hardaway Fixtures' balance sheet at December 31, 2020, included the following: On July 21,2021 , Hardaway issued a 25% stock dividend on its common stock. On December 12 , it paid $55,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $4,000,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.)
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