The following income statement was reported by Battery Builders for the year ending December 31, 2018:

Show how Battery Builders would report earnings per share on the face of the income statement, assuming the following:
a. An average of 15,000 shares of common stock was outstanding during 2018.
b. An average of 25,000 shares of common stock was outstanding during 2018.
c. An average of 30,000 shares of common stock was outstanding during 2018.

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$85,000 Sales 23,000 Rent revenue Interest revenue 7,000 $115,000 Total revenues $52,000 Cost of goods sold Operating expenses Interest expense Loss on disposal of plant assets Total expenses Income from continuing operations (before tax) Less: Income tax expense Income from continuing operations 24,000 12,000 6,000 94,000 $ 21,000 10,000 $ 11,000 Profit from operations of segment (net of tax) Gain on disposal of segment (net of tax) Income before change in accounting principle Loss on accounting change (net of tax) Net income 3,000 2,000 $ 16,000 1,000 $ 15,000