Current Attempt in Progress

In computing earnings per share, the equivalent number of shares of convertible preferred stock are added as an adjustment to the denominator $($number of shares outstanding$).$ If the preferred stock is cumulative, which amount should be added as an adjustment to the numerator $($net earnings$)?$

annual preferred dividend times $($one minus the income tax rate$)$

annual preferred dividend divided by the income tax rate

annual preferred dividend times the income tax rate

annual preferred dividend

Attempts: $0$ of $1$ used