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Hardaway Fixtures' balance sheet at December 31, 2023, included the following: On July 21,2024 , Hardaway issued a 25% stock dividend on its common stock.
Hardaway Fixtures' balance sheet at December 31, 2023, included the following: On July 21,2024 , Hardaway issued a 25% stock dividend on its common stock. On December 12 , it paid $55,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2024, was $4,000,000. 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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