Question: I need help ASAP. Thank you. Exercise 16-18 Kingbird Inc. presented the following data. $2,340,000 Net income Preferred stock: 53,000 shares outstanding, $100 par, 8%

I need help ASAP. Thank you.

I need help ASAP. Thank you. Exercise 16-18 Kingbird Inc. presented the

Exercise 16-18 Kingbird Inc. presented the following data. $2,340,000 Net income Preferred stock: 53,000 shares outstanding, $100 par, 8% cumulative, not convertible Common stock: Shares outstanding 1/1 5,300,000 692,400 321,600 160,800 Issued for cash, 5/1 Acquired treasury stock for cash, 8/1 2-for-1 stock split, 10/:1 Compute earnings per share. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share s Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used

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