Question: Ecker Company reports $ 1 , 3 2 5 , 0 0 0 of net income and declares $ 1 8 5 ,

Ecker Company reports \$1,325,000 of net income and declares \$185,500 of cash dividends on its preferred stock for the year. At year-end, the company had 280,000 weighted-average shares of common stock.
1. What amount of net income is available to common stockholders?
2. What is the company's basic earnings per share (EPS)?
Ecker Company reports \ $ 1 , 3 2 5 , 0 0 0 of

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