Question: Please show all work, including calculations. Example (4): Earnings per Share If a firm reports a net profit of $1.25 million, pays $250,000 in dividends

Please show all work, including calculations.

Example (4): Earnings per Share If a firm reports a net profit of $1.25 million, pays $250,000 in dividends to preferred stockholders, and has 500,000 shares of common stock outstanding. What is the EPS

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