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Hardaway Fixtures' balance sheet at December 31,2023, included the following: Shares issued and outstanding:...

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Accounting

Hardaway Fixtures' balance sheet at December 31,2023, included the following:
Shares issued and outstanding:
Common stock, $1 par $ 1,140,000
Nonconvertible preferred stock, $50 par 15,000
On July 21,2024, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $90,000 cash dividends on the preferred stock. Net income for the year ended December 31,2024, was $5,400,000.
Required:
Compute Hardaway's earnings per share for the year ended December 31,2024.

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