This is wrong. Please correct it.

Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par $ 900,000 30,000 On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $30,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $3,000,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.) Numerator | $ 2,970,000 | 1 Denominator = 1,125,000 = Earnings per Share $ 2.64