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Hardaway Fixtures' balance sheet at December 31, 2023, included the following: Shares issued and outstanding: Common stock, $1 par $ 1,100,000 Nonconvertible preferred stock, $50

Hardaway Fixtures' balance sheet at December 31, 2023, included the following:

Shares issued and outstanding:
Common stock, $1 par $ 1,100,000
Nonconvertible preferred stock, $50 par 30,000

On July 21, 2024, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $80,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2024, was $5,000,000.

Required:

Compute Hardaway's earnings per share for the year ended December 31, 2024.

Note: Do not round intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10).

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