Q 13.82: Determine earnings per share for Sixer Company given the following: Net Sales Income before Income Taxes Gross Profit Income Tax Rate Preferred Stock Common Stock $885,000 $300,000 $500,000 3596 10,000 shares of 3% cumulative, $60 par 125,000 weighted shares of $5 par A) $2.40 B $0.70 C$2.26 D) $1.42