Diaz Corporation and Hart Corporation have both earned $160,000 before bond interest and taxes. The companies have the same number of outstanding shares but different capital structures. The bond and stocks have been outstanding all year. Calculate the earnings per share of common stock for these companies from the following:

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12% Bond Payable 12% Preferred stock Common stock $11 par, 32,000 shares outstanding Operating income before interest and taxes (assume a 20% tax rate) Diaz Hart 200,000 -0- -0- 200,000 352,000 352,000 160,000 160,000