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At December 31, 2019, Whispering Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 109362 shares $10936200 Common stock, $5 par, 4092240
At December 31, 2019, Whispering Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 109362 shares $10936200 Common stock, $5 par, 4092240 shares 20461200 During 2020, Whispering did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $22753600 Discontinued operations (loss before taxes) $3254900 Preferred dividends declared $1093620 Common dividends declared $2300800 Effective tax rate 35% Compute earnings per share data as it should appear in the 2020 income statement of Whispering Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share
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