Please explain the following practice:

Part A)

The Common Stock account for Baltimore Corporation on January 1, 2018 was $75,000.On July 1, 2018 Baltimore issued an additional 7,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $138,000.Use this information to determine for December 31, 2018 the amount ofEarnings per Share (rounded to the nearest cent).

Part B)

On December 31, 2018, AdelphiCorporation has outstanding 1,000 shares of $100 par value, 6% cumulative and nonparticipating preferred stock, and 9,000 shares of $10 par value common stock. Preferred dividends were paid in 2016 but were not paid in 2017.During 2018, Alpha distributed $45,000 in dividends. Use this information to determine for 2018 the dollar amount of dividends that will be distributed perCommon Share.Round answer to closest cent.

Part C)