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  3. the net income for 2018 was $15,000 and preferred

The Net income for 2018 was $15,000 and Preferred dividends paid $1,200; Common shares outstanding...

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Accounting

The Net income for 2018 was $15,000 and Preferred dividends paid $1,200; Common shares outstanding Jan1,2018, were 3,000. Common shares issued on April 1,2018, were 600, and Common shares repurchased on Nov 1,2018, were 300 so that Common shares outstanding, Dec 31,2018, were 3,300. Required:
Calculate basic eps.
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