Question: Brad Carpenter Company started 2 0 2 4 with 5 , 0 0 0 shares of common stock outstanding. On 5 / 1 , it

Brad Carpenter Company started 2024 with 5,000 shares of common stock outstanding. On 5/1, it issued 1,000 more shares and bought back 500 shares on 8/31. Calculate EPS assuming net income for the year was $300,000 and $20,000 of preferred dividends were paid.

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