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At December 31, 2024, Sunland Company had 203000 shares of common stock and 10800 shares...

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At December 31, 2024, Sunland Company had 203000 shares of common stock and 10800 shares of 7%,$100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2024 or 2025 . On February 10 , 2026, before the issuance of its financial statements for the year ended December 31, 2025, Sunland declared a 100\% stock dividend on its common stock. Net income for 2025 was $955000. In its 2025 financial statements, Sunland will report earnings per share of $2.17. $1.20. $4,33. $3.96

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