Question: Bridgeport inc. presented the following data. table [ [ Net income,$ 2 , 7 0 0 , 0 0 0 ] , [ Preferred

Bridgeport inc. presented the following data.
\table[[Net income,$2,700,000],[Preferred stocke 48,000 shares outstanding, $100pac,8% cumulative, not convertible,4800,000],[Common stock Shares outstanding 1/1,731.200],[Issued for cash, 5/1,278.400],[Acquired treasury stock for cash 8/1,153.600],[2-for-1 stock split, 10/1,]]
Compute earnings per share. (Round onswer to 2 decimal ploces. es $2.55)
Earnings per share $
Bridgeport inc. presented the following data. \

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