4.18. The equity section of Hasbro Inc. at Jan 1,2019 , was as follows: During the year, the company had the following transactions. 1. Issued 10,000 shares at $3 per share (at par value) 2. Dividends of $9,000 were declared and paid 3. Net income for the year was 100,000 4. Unrealized holding loss of $5,000 occurred on its non-trading equity securities. Prep of changes in equity for 2019. 4.10. The equity section of a company appears below as of Dec. 31, 2019. Net income for 2019 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$12,000,000 (before tax) as a result of discontinued operations. Preference dividends of R$270,000 were declared and paid in 2019. Dividends of R$1,000,000 were declared and paid to ordinary shareholders in 2019. Compute the earnings per share data as it should appear on the income statement. 4.14 Zehms company began operations in 2017 and adopted weighted-average pricing for inventory. In 2019, in accordance with other companies in its industry, Zehms changed its inventory pricing to FIFO. The pretax income date is reported below. A) What is Zehm's net income in 2019? Assume a 35\% tax rate in all years. B) Compute the accumulative effect of the change in accounting principle from weighted- average to FIFO inventory pricing. C) Show comparative IS, beginning with income before income tax, as presented on 2019 income statement. HW4 4.1. Presented below is information related to Viel AG at Dec 31, 2019. Compute the following: (a) income from operations, (b) net income, (c) net income attributable to Viel AG controlling shareholders, (d) comprehensive income, and (e) retained earnings balance at Dec31,2019 4.6. The following balances were taken from the books of a company on December 31, 2019. Assum that the total effective tax rate on all items is 34%. Prepare an income statement; 100,000 ordinary shares were outstanding during the year