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Submarine Corp. earned net income of $148,500 and paid the minimum dividend to preferred stockholders for 2024 . Assume that there are no changes in

image text in transcribedimage text in transcribed Submarine Corp. earned net income of $148,500 and paid the minimum dividend to preferred stockholders for 2024 . Assume that there are no changes in common shares outstanding during 2024. Submarine's books include the following figures: (Click the icon to view the figures.) Read the requirements. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent.) Data table

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