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At December 31, 2020, Albrecht Corporation had outstanding 353,000 shares of common stock and 20,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. On
At December 31, 2020, Albrecht Corporation had outstanding 353,000 shares of common stock and 20,000 shares of 9.5%,$100 par value cumulative, nonconvertible preferred stock. On May 31, 2021, Albrecht sold for cash 12,000 shares of its common stock. No cash dividends were declared for 2021 . For the year ended December 31,2021 , Albrecht reported a net loss of $1,430,000. Required: Calculate Albrecht's net loss per share for the year ended December 31,2021 . (Enter your answers in thousands. Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.)
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