Raytheon Technologies reports net income of $2,500,000 for 2022. The company had outstanding 1,000,000 shares of cumulative $2 preferred shares during 2022. On January 1 2022, Raytheon had 500,000 common shares. On November 1, 2022, Raytheon repurchased 200,000 common shares for cash. Calculate earnings per share in 2022 for common shareholders of Raytheon. $0.72 $ 3.19 $0.63 $0.52

Raytheon Technologies reports net income of $2,500,000 for 2022 . The company had outstanding 1,000,000 shares of cumulative $2 preferred shares during 2022. On January 1 2022, Raytheon had 500,000 common shares. On November 1, 2022 , Raytheon repurchased 200,000 common shares for cash. Calculate earnings per share in 2022 for common shareholders of Raytheon. $0.72 $3.19 $0.63 $0.52