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At December 31, 2019, Metlock Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,612 shares $10,761,200 Common stock, $5 par, 4,070,700
At December 31, 2019, Metlock Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,612 shares $10,761,200 Common stock, $5 par, 4,070,700 shares 20,353,500 During 2020, Metlock did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $22,052,200 Discontinued operations (loss before taxes) $3,517,800 Preferred dividends declared $1,076,120 Common dividends declared $2,011,400 Effective tax rate 35% Compute earnings per share data as it should appear in the 2020 income statement of Metlock Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Income from Continuing Operations $ Discontinued Operations Net Income / (Loss) $
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