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Cash Accounts receivable Inventory Equipment (net) Total Accounts payable Dividends payable Long-term note payable Capital stock, $5 par Retained earnings Total Sales Cost of goods sold Gross profit on sales claret Corporation Balance Sheets Year 2 Operating expenses Operating income Interest expense and income taxes Net income December 31 $ 14,700 45,630 31,600 56,300 $ 148,230 claret Corporation. Income Statement For the year ended Year 2 Select one: O a. 0.42. O b. 0.14. c. 0.10. O d. 0.57. 25,100 6,900 13,400 71,900 30,930 $ 148,230 January 1 $ 14,700 35,900 35,500 65,400 $ 151,500 27,700 3,000 13,400 71,900 35,500 $ 151,500 $ 227,900 137,450 $ 90,450 75,778 $ 14,672 8,650 $ 6,022 All sales were made on account. Cash dividends declared during the year totaled $10,59: Claret Corporation's earnings per share for Year 2, rounded to the nearest cent, is:

Claret corporation Balance Sheets Year 2 Claret corporation Income statement For the year ended Year 2 Sales $227,900 cost of goods sold Gross profit on sales Operating expenses Operating income Interest expense and income taxes Net income All sales were made on account. Cash dividends declared during the year totaled \$10,59: Claret Corporation's earnings per share for Year 2, rounded to the nearest cent, is: Select one: a. 0.42 . b. 0.14 . c. 0.10 . d. 0.57

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