At december 31, 2017 crane company had 29 shares of common stock and 9000 shares of 5%, $100 par value cumulative preferred stock outstanding. no dividends were declared on either the preferred or common stock in 2017 or 2018. on january 30, 2019, prior to the issuance of its financial statements for the year ended december 31, 2018, crane declared a 100% stock dividend on its common stock. net income for 2018 was $113. in its 2018 financial statements, crane's 2018 earnings per common share should be (rounded to the nearest penny)

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.