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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 $600,000 60,000 900,000 125,000 350,000 100,000 600,000 75,000 310,000 Year 1 3560,000 40,000 700,000 65.000 Total current assets Total investments Total property, plant, and equipment Total current abates Total long-term liabilities Preferred 9% stock, 5100 par Common stock, $10 per Pald-in capital in excess of par-Common stock Retained earnings 100,000 600,000 75.000 210,000 Using the balance sheets for Keliman Company of 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? Ca. 54.02 b. $2.49 C. 54.16 d. $4.32

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