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Ivanhoe Corporation has outstanding at December 31, 2020, 46,000 shares of $19 par value, cumulative, 9% preferred stock and 204,000 shares of $8 par value

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Ivanhoe Corporation has outstanding at December 31, 2020, 46,000 shares of $19 par value, cumulative, 9% preferred stock and 204,000 shares of $8 par value common stock. All shares were outstanding the entire year. During 2020, Ivanhoe earned total revenues of $2,010,000 and incurred total expenses (except income taxes) of $1,120,000. Ivanhoe's income tax rate is 32% Calculate Ivanhoe's 2020 net income Net Income S Caculate Ivanhoe's 2020 preferred dividends. (Round answer to 0 decimal places, e.g. 5,275.) Preferred dividends S Compute Ivanhoe's 2020 earnings per share. (Round answer to 2 decimal places, e.g. 2.25.) Earnings per share

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