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Kelley Company reports $2000.000 of net income and declares $280,000 of cash dividends on its preferred stock for the year. At year-end, the company had

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Kelley Company reports $2000.000 of net income and declares $280,000 of cash dividends on its preferred stock for the year. At year-end, the company had 310,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders? 2. What is the company's basic EPS? Complete this question by entering your answers in the tabs below. Required 1Required 2 What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders

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