Sunland Corporation has outstanding at December 31, 2020,45,000 shares of $22 par value, cumulative, 6% preferred stock and 201,500 shares of $8 par value common stock. All shares were outstanding the entire year. During 2020, Sunland earned total revenues of $1.970,000 and incurred total expenses (except income taxes) of $1.130,000. Sunland's income tax rate is 31%. Calculate Sunland's 2020 net income. Net Income $ eTextbook and Media Caculate Sunland's 2020 preferred dividends. (Round answer to 0 decimal places, e.s. 5,275.) Preferred dividends e Textbook and Media Compute Sunland's 2020 earnings per share. (Round answer to 2 decimal places, eg. 2.25.) Earnings per share $