Chapter 13 Assignment (6Qs) i Saved Help Save & Exit Submit 2 Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) 15 points 2019 2020 2021 Skipped Sales $ 480,855 $ 701,040 $ 1,012,900 Costs and expenses 330,570 eBook Profit from continuing operations $ 316,435 Print Gain (loss) on discontinued operations 83,910 (110,825) Profit (loss) $ 156,744 $ 536,450 Information on Common Shares for Ace Group Inc. * ac onn Mc Graw Hill EducationChapter 13 Assignment (6Qs) i Saved Help Save & Exit Submit 2 Information on Common Shares for Ace Group Inc. * Shares outstanding on December 31, 2018 35,800 15 points Purchase and retirement of shares on March 1, 2019 - 4,280 Sale of shares on June 1, 2019 + 15,280 Skipped Share dividend of 5% on August 1, 2019 + Shares outstanding on December 31, 2019 eBook Sale of shares on February 1, 2020 + 7,160 Purchase and retirement of shares on July 1, 2020 - 2,140 Print Shares outstanding on December 31, 2020 Sale of shares on March 1, 2021 + 19,360 Purchase and retirement of shares on September 1, 2021 5,700 Share split of 3:1 on October 1, 2021 + Shares outstanding on December 31, 2021 Mc Graw Hill EducationChapter 13 Assignment (6Qs) i Saved Help Save & Exit Submit 2 *No preferred shares have been issued. 2. Calculate the weighted-average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.) 15 2019 2020 2021 points Weighted-average outstanding shares Skipped eBook Print 3. Prepare the earnings per share income statement presentation during the following years: (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) 2019 2020 2021 Profit from continuing operations Gain (Loss) from discontinued operations $ 0.00 $ 0.00 $ 0.00 Mc Graw Hill Education