rises & Problems

Ecker Company reports $$1,625,000$ of net income and declares $$227,500$ of cash dividends on its preferred stock for the year. At yearend, the company had $350,000$ weighted$-$average shares of common stock.

What amount of net income is available to common stockholders?

$\backslash$table$[[$Net income,$],[$To preferred stockholders,$],[$Net income available to common stockholders,$