afari .111 1:02 PM following partially completed schedule will help you to organize the information for this exercise Previous Next Score: 30% Apple Disney ESPN Yahoot Bing Google Yahoo Apple Bing Google Basic Earnings per Share Lyon Company shows the following condensed income statement information for the year ended December 31, 2016: Income before discontinued operations $29,936 Less: Loss from discontinued operations loss (net of income tax) (2,176) $27,760 Lyon declared dividends of $6,000 on preferred stock and $17,280 on common stock At the beginning of 016,10,000 shares of common stock were outstanding. On May 1, 2016, the company issued 2,000 addtional common shares, and on October 31, 2016, tissued a 20% stock dindend on Rs can on a The preferred stock is not convertible Required the 2016 basic earnings per share. If required, round your answer to two decimal places per share 2. Show the 2016 income statement disclosure of basic earnings per share t required, round your answers to two decimal places Income before discontinued operations Loss from discontinued operations (net of income tax) Net income Score 30%