Hardaway Fixtures' balance sheet at December 31, 2017, included the following: Shares issued and outstanding: Common stock, $i par Nonconvertible preferred stock, $50 par $ 880,000 25,000 On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $25,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $2,800,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Answer is complete but not entirely correct. Numerator Denominator Earnings per Share 2,800,000 1 25,000 $ 112.00