Question $35$

For $2025,$ Ace Inc. reported net income of $$42,000,$ had weighted$-$average shares of common stock outstanding of

$16,000,$ paid preferred dividends of $$10,000$ and common dividends of $$5,000.$ What was $2025$ earnings per share?

$$0\mathrm{.}50$

$$25\mathrm{.}00$

$$0\mathrm{.}08$

$$2\mathrm{.}00$