On July 21, 2018, Hardaway issued a 25% stock dividend on its common stock. On December 12. cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $2. Hardaway Fixtures balance sheet at December 31, 2017, included the following: E 19-14 EPS: stock dividend; nonconvertible preferred stock .LO19-5, LO19-6, LO19-7 Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par $800,000 20,000 Required: Compute Hardaway's earnings per share for the year ended December 31, 2018