On December 31, 2017, Dow Steel Corporation had 660,000 shares of common stock and 36,000 shares of 10%, noncumulative nonconvertible preferred stock issued and outstanding. Dow Issued a 5% common stock dividend on May 15 and paid cash dividends of $460,000 and $75,000 to common and preferred shareholders, respectively. on December 15, 2018. On February 28, 2018, Dow sold 56,000 common shares. In keeping with Its long-term share repurchase plan, 2,000 shares were retired on July 1, Dow's net income for the year ended December 31, 2018, was $2.400,000. The income tax rate is 40%. Requirec Compute Dow's earnings per share for the year ended December 31, 2018. (Do not round Intermedlete calculations. Enter your answers In thousands.) Numerator Denominator | | Earnings per share