Question: Current Attempt in Progress Tamarisk Inc. presented the following data. Net income Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible Common stock:

Current Attempt in Progress

Tamarisk Inc. presented the following data.

Net income

Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible

Common stock: Shares outstanding 1/1

Issued for cash, 5/1

Acquired treasury stock for cash, 8/1

2-for-1 stock split, 10/1

$2.392.940

5.200.000

816.000

273,600

136.800

Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.)

Earnings per share

$

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