Question: Simiand Ca has 2 0 3 0 0 0 shmes of common stock, 2 0 1 0 0 shares of convertible preferred stock, and $

 Simiand Ca has 203000 shmes of common stock, 20100 shares of
Simiand Ca has 203000 shmes of common stock, 20100 shares of convertible preferred stock, and $607000 of 10% copvertible hand outsiandiry derine 2025. The preferred stock is convertible into 40100 shares of common stock. During 2025, Sunland paid dividend of $056 per thare on the common stock and $1.70 per share on the preferred stock. Each $1,000 bong is convertible into 45 athare of common atig. Sindary net income for 2025 was $361000 and its income tax rate was 30%.
Bask earning per whare for 2025 is
5143.
$1.23.
$1.49.
$1.61.
convertible preferred stock, and $607000 of 10% copvertible hand outsiandiry derine 2025.

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