Kelley Company reports $1,925,000 of net income and declares $269,500 of cash dividends on its preferred stock for the year. At year-end, the company had 260,000 weighted-average shares of common stock. 1. What is the company's basic earnings per share (EPS)? 2. In the prior year, Kelley had a basic earnings per share (EPS) of $6.17. Did Kelly improve its earnings per share (EPS) in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the company's basic earnings per share (EPS)? Choose Numerator: Basic earnings per share Choose Denominator: Basic earnings per share Basic earnings per share 0