Financial statement data for the years ended December 31 for Black Bull Inc. follows:
| 2016 | 2015 | |||
| Net income | $2,485,700 | $1,538,000 | ||
| Preferred dividends | $50,000 | $50,000 | ||
| Average number of common shares outstanding | 115,000 | shares | 80,000 | shares |
a. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places.
| 2016 | ???? $ per share |
| 2015 | ???? $ per share |
Anonymous deleted answer July 27, 2017
