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QS 13-23 (Algo) Basic earnings per share LO A1 Epic Company earned net Income of $718,000 this year. There were 310,000 welghted-average common shares outstanding,

image text in transcribed QS 13-23 (Algo) Basic earnings per share LO A1 Epic Company earned net Income of $718,000 this year. There were 310,000 welghted-average common shares outstanding, and preferred shareholders recelved a $36,000 cash dividend. Compute Eplc Company's basic earnings per share

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