The original income statements for ZoomMed Inc. presented the following information when they were first published in 2022, 2023, and 2024:

The company also experienced some changes in the number of outstanding common shares over the three years through the following activities*:

*No preferred shares have been issued.

Required

1. Calculate the 11 missing amounts.

2. Calculate the weighted-average number of common shares outstanding during:

a. 2022

b. 2023

c. 2024

3. Rounding calculations to two decimal places, prepare the earnings per share income statement presentations for:

a. 2022b. 2023c. 2024

Transcribed Image Text:

Sales........... Expenses..... Profit from continuing operations... Gain (loss) on discontinued segment............ Profit............. 2024 2023 2022 $400,000 $300,000 $250,000 ? 215,000 ? ? ? (37,125) $ 92,875 90,000 14,100 (26,145) ? ?