4.18 (LO 7) (Earnings per Share) At December 31, 2023, Tres Hombres Corporation had the following shares outstanding: 10% cumulative preferred shares, 107,500 shares outstanding $10,750,000 Common shares, 4,000,000 shares outstanding 20,000,000 During 2023, the corporations only share transaction was the issuance of 400,000 common shares on April 1. During 2023, the following also occurred: Income from continuing operations before tax $23,650,000 Discontinued operations (loss before tax) 3,225,000 Preferred dividends declared 1,075,000 Common dividends declared 2,200,000 Effective tax rate 30% Instructions Calculate earnings per share information as it should appear in the financial statements of Tres Hombres for the year ended December 31, 2023