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At December 31, 2016, Carla Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,510 shares $10,751,000 Common stock, $5 par, 4,020,000

At December 31, 2016, Carla Corporation had the following stock outstanding.

10% cumulative preferred stock, $100 par, 107,510 shares $10,751,000
Common stock, $5 par, 4,020,000 shares 20,100,000

During 2017, Carla did not issue any additional common stock. The following also occurred during 2017.

Income from continuing operations before taxes $21,650,000
Discontinued operations (loss before taxes) $3,225,000
Preferred dividends declared $1,075,100
Common dividends declared $2,210,000
Effective tax rate 35 %

Compute earnings per share data as it should appear in the 2017 income statement of Carla Corporation

Earnings Per Share

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