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Question 4 2.5 pts The company earned net income of $453,368 and had 1,000 shares of $50 par 8% preferred shares of stock outstanding. Preferred

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Question 4 2.5 pts The company earned net income of $453,368 and had 1,000 shares of $50 par 8% preferred shares of stock outstanding. Preferred stock dividends were paid. If the weighted average number of common shares was 73,548, state the earnings per share in decimal form rounded to the nearest two decimals. (For example, if the EPS was $1.16, then write 1.16 as your answer.)

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