Question 2 of 4 View Policies < Current Attempt in Progress Sunland Inc. presented the following data. Net income $2,740,000 Preferred stock: 45,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,500,000 Common stock: Shares outstanding 1/1 714,000 Issued for cash, 5/11 291,600 Acquired treasury stock for cash, 8/1 135,600 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, eg. $2.55) Earnings per share $ eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer