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Question 3 of 11 * Your answer is incorrect. The stockholders' equity section of Blossom Corporation appears below as of December 31, 2025. 8%
Question 3 of 11 * Your answer is incorrect. The stockholders' equity section of Blossom Corporation appears below as of December 31, 2025. 8% preferred stock, $50 par value, authorized 121,600 shares, outstanding 111,600 shares $5,580,000 Common stock, $1.00 par, authorized and issued 10,000,000 shares 10,000,000 Additional paid-in capital 25,420,000 Retained earnings (includes 2025 net income of $40,920,000) 207,080,000 Total stockholders' equity 248,080,000 0/3 E Net income for 2025 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $22.320,000 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $446,400 were declared and paid in 2025. Dividends of $1,240,000 were declared and paid to common stockholders in 2025. Compute earnings per share data as it should appear on the income statement of Blossom Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings per share $ 4
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