Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending

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Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021.

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At December 31, 2018, paid-in capital consisted of the following:

Common stock, 1,855,000 shares at $1 par ......$ 1,855,000Paid in capital?excess of par .................................7,420,000

No preferred stock or potential common shares were outstanding during any of the periods shown.

Required:Compute Renn-Dever?s earnings per share as it would have appeared in income statements for the years ended December 31, 2019, 2020, and 2021.

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Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-1260481952

10th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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