in Completion Status: The balance sheets at the end of each of the first two years of operations indicate the following Kellman Company Total current assets Total investments Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 9% stock, $100 par Common stock, $10 par Paid-in capital in excess of par-Common stock Retained earnings Year 2 $600,000 60,000 900,000 125,000 350,000 100,000 600,000 75,000 310,000 Year 1 $560,000 40,000 700,000 65,000 250,000 100,000 600,000 75,000 210,000 Using the balance sheets for Kellman Company, if net income is $250,000 and interest expense is $30,000 for Year 2, what are the earnings per share on common stock for Year 2? a. $2.49 b. $4.02 c. $4.32 d. $4.16 QUESTION 21 The benefits of comparing actual performance of the operations against planned goals include all of the following except A resenting unnlanned expenditure