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Monty Inc. presented the following data. Net income $2,490,000 Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,200,000 Common stock: Shares outstanding

Monty Inc. presented the following data.

Net income $2,490,000
Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,200,000
Common stock: Shares outstanding 1/1 703,200
Issued for cash, 5/1 320,400
Acquired treasury stock for cash, 8/1 139,200
2-for-1 stock split, 10/1

Compute earnings per share

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