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In 2017, Sandhill Corporation reported net income of $1,015,200. It declared and paid preferred stock dividends of $279,900. During 2017, Sandhill had a weighted average

In 2017, Sandhill Corporation reported net income of $1,015,200. It declared and paid preferred stock dividends of $279,900. During 2017, Sandhill had a weighted average of 198,600 common shares outstanding. Compute Sandhills 2017 earnings per share.

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