Part A Celestial Corporation, year 2019 Net Income $1,100,000 Capital Structure Common stock, $10 par $5,000,000 500,000 shares outstanding throughout 2019 Preferred stock, Cumulative, 5%, $100 par $3,000,000 30,000 shares issued & outstanding Each share is convertible into 3 common shares Other Information Average market price of common stock during 2019- $150 per share Income tax rate 30% Required: Determine 2019 EPS (in cents or to two decimal places right of the decimal point) for Celestial Corporation.