Alternate Problems Problem 13-1B Earnings per share calculations and presentation L01,3,4 CHECK FIGURES: Weighted-average outstanding shares: 2. a. 27.300; b. 40,800; c. 92,000 The original income statements for ZoomMed, Inc., presented the following information when they were first published in 2016, 2017, and 2018: 2018 2017 $400,000 $300,000 $250,000 7 90,000 (37.125)14.100 (26,145) ? 215,000 Profit from continuing operations. Gain (loss) on discontinued segment . Profit $92.875 The company also experienced some changes in the number of outstanding common shares over the three years through the following activities: Outstanding shares on December 31, 2015 20,000 2016 +2.000 +7,000 Issued shares on July 1.. Issued shares on September 30. 20% share dividend on December 1 Outstanding shares on December 31, 2016. 2017 Issued shares on March 31. Outstanding shares on December 31, 2017 2018 Issued shares on July 1. 2:1 split on November 1 Outstanding shares on December 31, 201. + 8,000 +6,400 No preferred shares have been issued Required 1. Calculate the 11 missing amounts. 2. Calculate the weighted-average number of common shares outstanding duri g: e. 2018 b. 2017 tions to two decimal places, prepare the earnings per share income statement a. 2016 3. Rounding calcula presentations for: b. 2017 c. 2018 a. 2016 873