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uantum Technology had $666,000 of retained earnings on December 31, 20X2. The company paid common dividends of $34,300 in 20X2 and had retained earnings of
uantum Technology had $666,000 of retained earnings on December 31, 20X2. The company paid common dividends of $34,300 in 20X2 and had retained earnings of $596,000 on December 31, 20X1. How much did Quantum Technology earn during 20X2? What would earnings per share be if 42,300 shares of common stock were outstanding? Note: Round your answer to 2 decimal places
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