Question: time sensitive, just need answer quickly please/thanks D Question 20 2 pts Throughout 2017, Hot Corner Inc. had 900,000 shares of common stock and 50

time sensitive, just need answer quickly please/thanks

time sensitive, just need answer quickly please/thanks D Question 20 2 pts

D Question 20 2 pts Throughout 2017, Hot Corner Inc. had 900,000 shares of common stock and 50 $6 nonconvertible preferred stock outstanding. Hot Corner declared and paid the annual cash dividend of $300,000 to preferred shareholders during 2017 On January 1.2017, Behrend issued $2,000,000 of convertible 5% bonds at face value. Each $1,000 bond is convertible into 20 common shares, but none were converted during 2017. Hot Corner's net income for the year ended December 31, 2017, was $3.9 million. The income tax rate is 40%, and Hot Corner reported no below-the-line items. ,000 shares of What is Hot Corner's basic earnings per share for 2017, rounded to the nearest cent? $4.33 $4.25 $4.00 $3.00

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