The following information have been taken from the Muscat Company: Sales Total operating expenses 340 Cost of goods sold $2,830 cash 139 Accounts Receivable Preferred stock dividends 500 1,980 18 Tax...

Extracted text: The following information have been taken from the Muscat Company: Sales Total operating expenses 340 Cost of goods sold $2,830 cash 139 Accounts Receivable Preferred stock dividends 500 1,980 18 Tax rate 30% Interest expense 30 Accounts payable Land Number of shares of common issues Number of preferred shares 240 44 3,000 20 What is the carnings per share? Answer: