The stockholders' equity section of Crane Corporation appears below as of December 31, 2025.
8% cumulative preferred stock, $10 par value, authorized
100,000 shares, outstanding 90,000 shares
Common stock, $0.20 par, authorized and issued 10,711,000 shares
Additional paid-in capital
Retained earnings
Net income
$900,000
2,142,200
4,120,000
$26,580,000
6,660,000
33,240,000
$40,402,200
Net income for 2025 reflects a total effective tax rate of 20%. Preferred stock dividends of $72,000 were declared and paid in 2025.
Dividends of $1,000,000 were declared and paid to common stockholders in 2025.
Compute earnings per share data as it should appear on the income statement of Crane Corporation. (Round answer to 2 decimal
places, e.g. 1.48.)
Earnings per share
$