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47. In 2020, E Corp. had net income of $800,000. It declared and paid preferred and common stock dividends of $250,000 and $100,000, respectively. During 2020, E had 275,000 common shares issued and 200,000 weighted average common shares outstanding. E's 2020 earnings per share is a. $2.00. b. $2.25. c. $2.75. d. $4.00