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For the year that just ended a company reports net income of $2,200,000. There are 750,000 shares authorized 700,000 shares issued, and 600,000 shares of

For the year that just ended a company reports net income of $2,200,000. There are 750,000 shares authorized 700,000 shares issued, and 600,000 shares of common stock outstanding. What is the earnings per share?

a.$4.40

b.$ 3.14

c. $4.57

d. $3.67

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