Question 17 The Abel Company provided the following Information from its financial records: 200,000 300,000 10,000 Common shares Net Income $ 200,000 outstanding 1/1 Common stock Common shares $ 10,000 dividends outstanding 12/31 Preferred stock Preferred shares $ 20,000 dividends outstanding 1/1 Sales $ 800,000 Preferred shares outstanding 12/31 What is the amount of the company's eamings per share? 6000 O $0.80 O $0.77 O $25.00 $0.72