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Use this information for Kellman Company to answer the question that follow. The balance sheets at the end of each of the first two years

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Use this information for Kellman Company to answer the question that follow. The balance sheets at the end of each of the first two years of operations indicate the following Kellman Company Year 2 Yearl Total current assets $600,000 $60,000 Total investments 60,000 40,000 Total property, plant, and equpment 900,000 700,000 Total current liabilities 125,000 65,000 Total long term e s 350,000 250,000 Preferred 9% stock, $100 100,000 100,000 Common stock, $10 per 600,000 600,000 Paid in capital in excess of peCommon stock 75,000 .000 75.000 Retained earnings 310,000 210,000 Using the balance sheets for Kellman Company, il net income is $250,000 and interest expense is $30,000 for Year 2, what are the earnings per share on common stock for Year 2? Oa $2.49 Ob. 34.02 Oc. 94.16 Od. $4.32

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