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2) The land that was sold had originally cost $325,000 and was sold for $490,000 Cash, 3) Treasury Stock, 5000 shares, were purchased in 2017
2) The land that was sold had originally cost $325,000 and was sold for $490,000 Cash,
3) Treasury Stock, 5000 shares, were purchased in 2017 for $40,000
4) 20,000 shares of common stock were issued in 2017 at a price of $15 per share
**I need a simple EPS calculation for both years worked out***
Analytics Extra Data Sheet Accounts receivable (net) Accumulated Depreciation Additional Paid in Capital-Common Administrative expenses Bond payable, 10% due 2025 Cash Common stock, $2 par Cost of goods sold Current liabilities Depreciation Expense Dividends on common stock Dividends on preferred stock Gain on Sale of Land Income tax expense Inventories Long-term investments Temporary Investments Mortgage note payable, 9%, due 2030 Other expense (interest) Other income Preferred $2.00 stock, $50 par Prepaid expenses Property, plant, and equipment Retained earnings, 1/1 Sales Sales returns and allowances Selling expenses Treasury Stock 31-Dec-17 31-Dec-16 196,500 200,000 400,000 475,000 500,000 120,000 100,000 1,550,0001,420,500 268,000 100,000 40,000 12,500 0 118,750 132,500 250,000 67,500 0 50,000 47,500 500,000 30,000 2,775,0002,100,000 781,500 3,415,0003,062,500 22,500 723,750 0 275,000 300,000 600,000 371,000 500,000 162,000 200,000 267,000 100,000 40,000 12,500 125,000 168,000 417,000 299,500 387,000 600,000 98,000 48,000 500,000 27,500 928,500 35,000 726,000 40,000 In addition to the information above, you also need to know the following 1) The long-term investments were purchased at costStep by Step Solution
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