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At December 31, 2023, Monty Corporation had the following shares outstanding: 7% cumulative preferred shares, 101,500 shares outstanding Common shares, 4,140,000 shares outstanding $10,150,000 20,700,000
At December 31, 2023, Monty Corporation had the following shares outstanding: 7% cumulative preferred shares, 101,500 shares outstanding Common shares, 4,140,000 shares outstanding $10,150,000 20,700,000 During 2023, the corporation's only share transaction was the issuance of 430,000 common shares on April 1. During 2023, the following also occurred: Income from continuing operations before tax Discontinued operations (loss before tax) Preferred dividends declared Common dividends declared Effective tax rate $23,320,000 3,301,000 710,500 2,150,000 35% Calculate earnings per share information as it should appear in the financial statements of Monty for the year ended December 31, Calculate earnings per share information as it should appear in the financial statements of Monty for the year ended December 31, 2023. (Round per share answers to 2 decimal places, e.g. 52.75.) Earnings per Share Income from Continuing Operations Discontinued Operations Net Income
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