Question: Ecker Company reports $ 2 , 7 0 0 , 0 0 0 of net income and declares $ 3 8 8 , 0 2

Ecker Company reports $2,700,000 of net income and declares $388,020 of cash dividends on its preferred stock for the year. At year-end, the company had 678,000 welghted-average shares of common stock.
What amount of net income is avallable to common stockholders?
\table[[Net income,],[To preferred stockholders,],[Net income available to common stockholders,]]
What is the company's basic earnings per share (EPS)?
\table[[Basic Earningsper Share,,,],[Choose Numerator:,Choose Denominator:,,],[,,,Basic Earnings per Share],[,,,Easic earnings pers share]]
 Ecker Company reports $2,700,000 of net income and declares $388,020 of

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