Question: Leo of its com Help Save & Ext Submit Rotein Corp. had the same capital structure in 2021 and 2022, consisting of the following: Preferred

 Leo of its com Help Save & Ext Submit Rotein Corp.

Leo of its com Help Save & Ext Submit Rotein Corp. had the same capital structure in 2021 and 2022, consisting of the following: Preferred stock, $12 par, 58 cumulative, 20,000 shares issued and outstanding Common stock, $6 par, 250,000 shares issued and outstanding $ 240,000 1,500,000 Rothstein reported net income of $600,000 for 2022. No preferred dividends were paid during 2021, but Rothstein paid $20,000 in preferred dividends in 2022. In its 2022 income statement what amount should Rothstein report as basic earnings per share? 1 0 0 0

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