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For the entire year ended December 3 1 , 2 0 2 2 , The Martin Corporation had 5 0 , 0 0 0 shares

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For the entire year ended December 31,2022, The Martin Corporation had 50,000 shares of preferred stock issued and 10,000 shares in the treasury. The preferred stock had a stated value of $10 per share, and it has long traded on the open market at $16 per share. The preferred shares are cumulative and non-participating, and the dividend rate is 3%. As of the year-end, the company's board of directors had not declared any dividends for the year.
The company also has common stock. There are 100,000 shares authorized, at $2 par value. On January 1,2022, there were 8,000 shares issued and 6,000 shares outstanding. On September 1,2022, the company issued another 3,000 common shares in exchange for cash and equipment.
The company's net income for 2022 was $145,000, and its capital structure included non-dividend-related stock warrants outstanding since July 1,2022. The warrants are potentially convertible into 5,000 shares of common stock, but they are not eligible for conversion until March 2026.
Prepare a schedule to show the earnings per share that The Martin Corporation would disclose for 2022.
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