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Business, 15.04.2021 18:30 mparra4761

At December 31, 2016 and 2015, O’Malley Corp. had 82,980 shares of common stock and 4,560 shares of 8%, $40 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2016 or 2015. Net income for 2016 was $112,225. For 2016, basic earnings per common share amounted to. Round your answer to 2 decimals.

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