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At December 31, 2019, Bonita Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,683 shares $10,868,300 Common stock, $5 par, 4,020,360
At December 31, 2019, Bonita Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,683 shares $10,868,300 Common stock, $5 par, 4,020,360 shares 20,101,800 During 2020, Bonita did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $24,842,300 Discontinued operations (loss before taxes) $3,478,000 Preferred dividends declared $1,086,830 Common dividends declared $1,995,600 Effective tax rate 35 % Compute earnings per share data as it should appear in the 2020 income statement of Bonita Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Discontinued Operations
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