9 Homework problems estructions help Oon 35 600 points Ringmeup, Inc. had net income of $176.700 for the year ended December 31, 2016. At the beginning of the year 35 000 shares of common stock were outstanding on May 1, an additional 11.000 shares were issued on December 1, the company purchased 4 100 shares of its own common stock and held them as treasury stock until the end of the year No other changes in common shares Outstanding occurred during the year. During the year, Ringmeup, Inc paid the annual dividend on the 8 000 shares of 430%, 5100 par value preferred stock that were outstanding the entire year Required: Calculate basic earnings per share of common stock for the year ended December 31, 2016. (Do not round intermediate calculations, Round your answer to 2 decimal places) Earnings per share Hints References Book & Resources Check my w