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E14-14B Yeager Corporation has outstanding at December 31, 2017, 50,000 shares of $20 par value, cumulative, 8% preferred stock and 200,000 shares of $5 par value common stock. All shares were outstanding the entire year. During 2017, Yeager earned total reve- nues of $2,000,000 and incurred total expenses (except income taxes) of $1,400,000. Yeager's income tax rate is 30%. Instructions Compute Yeager's 2017 earnings per share