Question: Exercise 1 9 - 1 4 ( Algo ) EPS; stock dividend; nonconvertible preferred stock [ LO 1 9 - 5 , 1 9 -

Exercise 19-14(Algo) EPS; stock dividend; nonconvertible preferred stock [LO19-5,19-6,19-7]
Hardaway Fixtures' balance sheet at December 31,2023, included the following:
Shares issued and outstanding:
Common stock, \$1 par
Nonconvertible preferred stock, \$50 par
On July 21,2024, Hardaway issued a 25\% stock dividend on its common stock. On December 12, it paid \$85,000 cash dividends on the preferred stock. Net income for the year ended December 31,2024, was \$5,200,000.
Required:
Compute Hardaway's earnings per share for the year ended December 31,2024.
Note: Do not round intermediate calculations. Enter your answers in thousands (i.e.,10,000 should be entered as 10).
Exercise 1 9 - 1 4 ( Algo ) EPS; stock dividend;

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