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I do not understand how to get the totals under Shares Outstanding? E16-18 EPS: Simple Capital Structure Flagstad Inc. presented the following data. Net income

I do not understand how to get the totals under "Shares Outstanding?" E16-18 EPS: Simple Capital Structure Flagstad Inc. presented the following data. Net income 2,500,000 Preferred stock: 50,000 shar...

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