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CAN YOU GIVE THE ANSWER AS IT WAS WRITTEN ON THE ACCOUNTING PAPER PLEASE! Edwards and Everett, Inc.had the following items in its capital structure

CAN YOU GIVE THE ANSWER AS IT WAS WRITTEN ON THE ACCOUNTING PAPER PLEASE!

Edwards and Everett, Inc.had the following items in its capital structure at December 31, 2020: Common stock ptions, issued in 2019, xercisable for 22,000 shares, beginning in 2022, at a "strike" price of $20 r share. The cash that would be received from the option-holders from a hypothetical exercise of the options at December 31, 2020 would be sufficient for Edwards & Everett to acquire 13,400 shares of its own common stock (as treasury stock). Treasury stock, ommon, 20,000 shares, acquired on November 30, 2019 S 280,000 Additional paid-in-pital 760,000 Common stock, S10 stated value, issued Janury 2, 2019 (current market value, $17 r share)... 1,200,000 Preferred stock, 10%, $8 ar value, convertible into 146,000 ommon shares no earlier than 2020, issued at par value on July 1, 2020 (current market value, $8 er share). 1,660,000 Stock warrants, issued in 2019 in exchange for legal services atthe ompany's formation, convertible into 1,300 shares of common stock at the discretion of th warrant-holders, but not earlier than 2022. A hypothetical conversion of the warrants at December 31, 2020 would equire a S14,000 ash payment from the warrant-holders, which would be sufficient for Edwards & Everetto acquire 300 shares of its own common stock (as treasury stock). 20,000 Edwards & Exett's net income for 2020 was $783,000%3B the mpany's Board of Directors has not yet declared a difvidend for 2020 for the preferred shareholders. What earnings per share did Edwards and Everett, Inc. rrt for the year ended December 31, 2020? Prepare a schedule to support your answer

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