Question: In 2004, Kirby Puckett Corporation reported net income of $1,200,000. It declared and paid preferred stock dividends of $250,000. During 2004, Puckett had a weighted

In 2004, Kirby Puckett Corporation reported net income of $1,200,000. It declared and paid preferred stock dividends of $250,000. During 2004, Puckett had a weighted average of 190,000 common shares outstanding. Compute Puckett’s 2004 earnings per share.

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