Canal Industries has provided the following information: - Net income, $260.000 - Preferred shares issued, 6,200 - Weighted average number of shares of cammon stpck issued, 24,200 - Cash dividends declared and paid on common stock, $32,000 - Market price per shere, $38 - Weighted average number of treasury shares of common stock, 4,200 What is Canels eamings per share? Multiple Choice $4.20. $5.45. $1300 $3.70