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Common Stock. 1 0 , 0 0 0 , 0 0 0 Retained Earnings. 8 , 0 0 0 , 0 0 0 Net Income.

Common Stock.

10, 000, 000

Retained Earnings.

8, 000, 000

Net Income.

1, 540, 000

-

Calculate the earnings per share at a total of

1, 000, 000

shares of common stocks issued and outstanding.

-

What is the total of the Equity section on the balance sheet as of December

31 . ?

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