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Hardaway Fixtures' balance sheet at December 31, 2015, included the following: Shares issued and outstanding: Common stock, $1 par $ 960,000 Nonconvertible preferred stock, $50

Hardaway Fixtures' balance sheet at December 31, 2015, included the following:

Shares issued and outstanding:
Common stock, $1 par $ 960,000
Nonconvertible preferred stock, $50 par 20,000

On July 21, 2016, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $45,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2016, was $3,600,000.

Required:

Compute Hardaway's earnings per share for the year ended December 31, 2016. (Enter your answers in thousands.)

Numerator / Denominator = Earnings per Share
/ = 0

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