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GAZ Corporation had net income for 2024 of $43,700. GAZ had 17,400 shares of common stock outstanding at the beginning of the year and

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GAZ Corporation had net income for 2024 of $43,700. GAZ had 17,400 shares of common stock outstanding at the beginning of the year and 15,000 shares of common stock outstanding as of December 31, 2024. During the year, GAZ declared and paid preferred dividends of $11,300. Compute GAZ's earnings per share. Select the formula, then enter the amounts to calculate GAZ Corporation's earnings per share as of December 31, 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.) = Earnings per share

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