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im stuck At December 31,2025 and 2024. Cullumber Corp. had 180000 shares of common stock and 11200 shares of 5%,$100 par value cumalative preferred stock
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At December 31,2025 and 2024. Cullumber Corp. had 180000 shares of common stock and 11200 shares of 5%,$100 par value cumalative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2025 or 2024, Net income for 2025 was $441200. For 2025 , earnings per common share is $2.14. $1.92 $1.79. 52.44 Step by Step Solution
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