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Norling Corporation reports the following information: Net income $750,000 Dividends on common stock 210,000 Dividends on preferred stock 90,000 Weighted average common shares outstanding 200,000

Norling Corporation reports the following information: Net income $750,000 Dividends on common stock 210,000 Dividends on preferred stock 90,000 Weighted average common shares outstanding 200,000 Norling should report earnings per share of

$2.25.

$2.70

$3.30.

$3.75.

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