Ringgold Corporation has outstanding at December 31, 2014, 48,350 shares of $18 par value, cumulative, 8% preferred stock and 201,800 shares of $7 par value common stock. All shares were outstanding the entire year. During 2014, Ringgold earned total revenues of $1,966,500 and incurred total expenses (except income taxes) of $1,132,700. Ringgolds income tax rate is 31%. Question 1 : Calculate Ringgold's 2014 net income. - Net Income $_________ Question 2 : Caculate Ringgold's 2014 preferred dividends. ( Round answer to 0 decimal places, e.g. 2.25. ) - Preferred dividends $ _________ Question 3 : Compute Ringgolds 2014 earnings per share. (Round answer to 2 decimal places, e.g. 2.25.) - Earnings per share $ _________

Ringgold Corporation has outstanding at December 31, 2014, 48,350 shares of $18 par value, cumulative, 8% preferred stock and 201,800 shares of $7 par value common stock. All shares were outstanding the entire year. During 2014, Ringgold earned total revenues of $1,966,500 and incurred total expenses (except income taxes) of $1,132,700. Ringgold's income tax rate is 31% Calculate Ringgold's 2014 net income. Net Income Caculate Ringgold's 2014 preferred dividends. (Round answer to 0 decimal places, e.g. 2.25.) Preferred dividends Compute Ringgold's 2014 earnings per share. (Round answer to 2 decimal places, e.g. 2.25.) Earnings per share