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At December 31, 2016, Ivanhoe Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,700 shares $10,770,000 Common stock, $5 par, 4,099,560

At December 31, 2016, Ivanhoe Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,700 shares $10,770,000 Common stock, $5 par, 4,099,560 shares 20,497,800 During 2017, Ivanhoe did not issue any additional common stock. The following also occurred during 2017. Income from continuing operations before taxes $23,036,400 Discontinued operations (loss before taxes) $3,323,900 Preferred dividends declared $1,077,000 Common dividends declared $2,382,400 Effective tax rate 35 % Compute earnings per share data as it should appear in the 2017 income statement of Ivanhoe Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share $ $ Click if you would like to Show Work for this question: Open Show Work

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