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At the end of the year, the records of Nortech Corporation provided the following selected and incomplete data: Common shares, no par value Shares authorized,

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At the end of the year, the records of Nortech Corporation provided the following selected and incomplete data: Common shares, no par value Shares authorized, 230,000 Share issued, Pl_issue price $20 per share; cash collected in full Net earnings Dividenda declared and paid Prior-period error, correction of an accounting error (a credit, net of income tax) Retained earnings, beginning balance $2,800,000 130,000 76,000 9.600 185,000 Required: 1. Complete the following tabulation: Shares authorized Shares issued Shares outstanding 2. Calculate the amount of Earnings per share. (Round the final answer to 2 decimal places.) Earnings per share 2. Calculate the amount of Earnings per share. (Round the final answer to 2 decimal places.) Earings pornih 3. Calculate the amount of Dividend paid per common share. (Round the final answer to 2 decimal places.) Dividend por common share 4. Complete the following The prior period error should be reported on the 5. Calculate the amount of retained earnings available for dividends at the beginning of the year. Rotalrad ourningar vilable for dividends Assume that the board of directors voted for a 100 percent stock split (the number of shares will double). 6-a. After the stock split, calculate the average issue price per share? (Round the final answer to 2 decimal places.) Average issue price 6-b. After the stock split, calculate the number of outstanding shares? Shares outstanding Assume that the company declared a 100 percent stock dividend instead of the 100 percent stock split. The market price of the

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