At December 31, 2016 and 2015, O'Malley Corp. had 94,700 shares of common stock and 5,700...

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At December 31, 2016 and 2015, O'Malley Corp. had 94,700 shares of common stock and 5,700 shares of 8%, $50 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2016 or 2015. Net income for 2016 was $201,296. For 2016, basic earnings per common share amounted to. Round your answer to 2 decimals. At December 31, 2016 and 2015, O'Malley Corp. had 94,700 shares of common stock and 5,700 shares of 8%, $50 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2016 or 2015. Net income for 2016 was $201,296. For 2016, basic earnings per common share amounted to. Round your answer to 2 decimals.