The following stock exchange data for Leon's Furniture Limited was taken from the Toronto Stock Exchange (TSX) website on June 21, 2012:

a. If you owned 500 shares of Leon's, what amount would you receive as a quarterly dividend?
b. What are the net earnings for the year, assuming no preferred shares have been issued?
c. If you bought 500 shares of Leon's at the last trade price on June 21, 2012, how much would it cost, and who receives the money?

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Leon's Furniture Limited (TSX: LNF) Last Trade: 10.95 Prev. Close: % Change: 52 wk. range: Indicated Annual Div. Rate: 10.95 $ Change: # of o/s shares: Div. paid: EPS: 10.55–13.08 69,974,017 Quarterly $0.78 $0.10