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Question 3 of 10 View Policies Current Attempt in Progress Blossom Inc. presented the following data. Net income $ 2,670,000 Preferred stock: 54,000 shares outstanding,

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Question 3 of 10 View Policies Current Attempt in Progress Blossom Inc. presented the following data. Net income $ 2,670,000 Preferred stock: 54,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,400,000 Common stock: Shares outstanding 1/1 712,800 Issued for cash, 5/1 272,400 Acquired treasury stock for cash, 8/1 148,800 2-for-1 stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, eg. $2.55.) Earnings per share $ e Textbook and Media Save for Later Attempts: 0 of 3 used SE

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