At December 31, 2019, Waterway Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,903 shares Common stock, $5 par, 4,079,240 shares $10,890,300 20,396,200 During 2020, Waterway did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $23,214,400 Discontinued operations (loss before taxes) $3,311,400 Preferred dividends declared $1,089,030 Common dividends declared Effective tax rate $2,372,200 35 % Compute earnings per share data as it should appear in the 2020 income statement of Waterway Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Income from Continuing Operations +A 3.85 Discontinued Operations Net Income/(Loss) .53 3.17