Grumpy Corporation originally reported $1,200,000 of net income from continuing operations in 2015. This included an after-tax loss on a business unit that was discontinued of $400,000. The company declared $50,000 in preferred dividends and the weighted average shares of common stock totaled 600,000. Determine the correct earnings per share that should be reported for net income from continuing operations ect Answer $2.58 $2.67 $1.25 $1.33 $1.02