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Mayan company had net income of $32, 980. The weighted average common shares outstanding were 9, 700. The company declared a $4, 400 dividend on

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Mayan company had net income of $32, 980. The weighted average common shares outstanding were 9, 700. The company declared a $4, 400 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transaction. The company's earnings per share is: $3.40. $3.85. $3.60. $52.95. $2.70

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