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On January 1,2021, Buffalo Corp, had 468,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account.

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On January 1,2021, Buffalo Corp, had 468,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. Assume the same facts as in part (b). except that the preferred stock was cumulative. Compute earnings per share for 2021. (Round answer to 2 decimal places, e.g. \$2.55.) Earnings Per Share

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