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The stockholders' equity section of Novak Corporation appears below as of December 31, 2025. 8% preferred stock, $50 par value, authorized 125,200 shares, outstanding
The stockholders' equity section of Novak Corporation appears below as of December 31, 2025. 8% preferred stock, $50 par value, authorized 125,200 shares, outstanding 115,200 shares $5,760,000 Common stock. $1.00 par, authorized and issued 10,000,000 shares 10,000,000 Additional paid-in capital 26,240,000 Retained earnings (includes 2025 net income of $42,240,000) 213,760,000 Total stockholders' equity 255,760,000 Net income for 2025 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $23,040,000 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $460,800 were declared and paid in 2025. Dividends of $1.280,000 were declared and paid to common stockholders in 2025. Compute earnings per share data as it should appear on the income statement of Novak Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings per share $
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