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At December 3 1 , 2 0 1 9 , Kingbird Corporation had the following stock outstanding. 1 0 % cumulative preferred stock, $ 1

At December 31,2019, Kingbird Corporation had the following stock outstanding.
10% cumulative preferred stock, $100 par, 109,120 shares $10,912,000
Commonstock, $5 par, 4,027,680 shares
20,138,400
During 2020, Kingbird did not issue any additional common stock. The following also occurred during 2020.
Income from continuing operations before taxes $23,756,300
Discontinued operations (loss before taxes) $3,403,600
Preferred dividends declared ,$1,091,200
Common dividends declared ,$2,047,000
Effective tax rate
35%
Compute earnings per share data as it should appear in the 2020 income statement of Kingbird Corporation. (Rour decimal places, e.g.1.48.)
Earnings Per ShareA
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