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Master Corp. had the following information at 12-31-2029 operating income 8,500,000 Net income 16,350,000 Retained earnings 70,680,000 Weighted average shares outstanding 10,545,000 Preffered stock, 8%,$1,000,000

Master Corp. had the following information at 12-31-2029

operating income 8,500,000

Net income 16,350,000

Retained earnings 70,680,000

Weighted average shares outstanding 10,545,000

Preffered stock, 8%,$1,000,000 shares authorized, 500,000 shares issued and outstanding.

Common stock, $1 par, 14,000,000 shares auithrized, 8,000,000 issued, 7,500,000 outstanding.

Dividends declared in 2029 5,425,000

What is the basic EPS for Maltese at 12-31-2029

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