Comparative Statements of Retained Earnings for Renn Dever Corporation were reported as follows for the fiscal years ending December 31, 2022, 2023, and 2024.

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 3l, 2022, 2023, and 2024.

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RENN-DEVER CORPORATION Statements of Retained Earnings Balance at beginning of year Net income (loss) Deductions: Stock dividend (34,900 shares) Common shares retired, September 30 (110,000 shares) Common stock cash dividends Balance at end of year For the Years Ended December 31 2023 $5,464,052 2,240,900 2024 $6,794,292 3,308,700 At December 31, 2021, paid-in capital consisted of the following: Common stock, 1,855,000 shares at $1 par Paid in capital-excess of par 242,000 889,950 $8,971,042 212,660 698,000 $6,794,292 $1,855,000 7,420,000 2022 $5,624,552 (160,500) $5,464,052