Your answer is incorrect. At December 31, 2020, Wildhorse Company has $590,000 of $100 par value, 5%, cumulative preferred stock outstanding and $2,140,000 of $10 par value common stock issued. Wildhorse's net income for the year is $414,700. Compute earnings per share of common stock for 2020 under the following independent situations. (Round answers to 2 decimal places, e.g. 1.50.) (a) The dividend to preferred stoc (b) The dividend to preferred stoc Earnings per share of common stock $ Earnings per share of common stock $