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Net income for a corporation for the current year amounts to $100,000. The corporation Currently has outstanding 8.000 shares of 52. cumulative preferred shares and

Net income for a corporation for the current year amounts to $100,000. The corporation Currently has outstanding 8.000 shares of 52. cumulative preferred shares and 20.000 common shares. The denominator to be used in the earnings per share calculation is OA 28.000 OB 20.000 OC. 8.000 OD 100,000

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