Current Attempt in Progress Your answer is incorrect. Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 2025. Current assets $70,000 Net income $150,000 Current liabilities 30,500 Stockholders' equity 80,000 Preferred dividends 16,800 Total liabilities 45,000 Total assets 125,000 Common dividends 39,000 The company had average common shares outstanding during the period of 360,000. Compute the company's (a) working capital and (b) earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.55.) (a) Working capital (b) Earnings per share