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Hardaway Fixtures' balance sheet at December 31, 2017, included the following: Shares issued and outstanding: Common stock, $1 par $ 1,080,000 Nonconvertible preferred stock, $50

Hardaway Fixtures' balance sheet at December 31, 2017, included the following:

Shares issued and outstanding:
Common stock, $1 par $ 1,080,000
Nonconvertible preferred stock, $50 par 25,000

On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $75,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $4,800,000. Required:

Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.)

Hardaway Fixtures' balance sheet at December 31, 2017, included the following:

Shares issued and outstanding:
Common stock, $1 par $ 1,080,000
Nonconvertible preferred stock, $50 par 25,000

On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $75,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $4,800,000. Required:

Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.)

Hardaway Fixtures' balance sheet at December 31, 2017, included the following:

Shares issued and outstanding:
Common stock, $1 par $ 1,080,000
Nonconvertible preferred stock, $50 par 25,000

On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12 it paid $75,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $4,800,000. Required:

Compute Hardaway's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.)

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