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At December 31, 2019, Wildhorse Corporation had the following stock outstanding. $10,757,900 10% cumulative preferred stock, $100 par, 107,579 shares Common stock, $5 par, 4,074,720
At December 31, 2019, Wildhorse Corporation had the following stock outstanding. $10,757,900 10% cumulative preferred stock, $100 par, 107,579 shares Common stock, $5 par, 4,074,720 shares 20.373.600 During 2020, Wildhorse did not issue any additional common stock. The following also occurred during 2020. $21,919,000 $3,300,700 Income from continuing operations before taxes Discontinued operations (loss before taxes) $1,075,790 Preferred dividends declared $2,181,700 Common dividends declared Effective tax rate 35% Compute earnings per share data as it should appear in the 2020 income statement of Wildhorse Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share $ eTextbook and Media
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