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The following information pertains to PPC Co. outstanding stock for 2018/2pts): Common Stock $i par...

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Accounting

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The following information pertains to PPC Co. outstanding stock for 2018/2pts): Common Stock $i par value Shares outstanding. 1/1/18 - 60,000 40% Stock Dividend, 4/1/18 Shares issued, 7/1/18 - 30,000 Preferred Stock $10 par value 6% cumulative Shares outstanding. 1/1/18 - 12,000 How many shares should PPC use to calculate 2018 basic earnings per share? 111.000 96,500 114.000 99,000 102,000 126,000

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