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Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2022, 2023, and 2024. RENN-DEVER
Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2022, 2023, and 2024. RENN-DEVER CORPORATION Statements of Retained Earnings 2023 For the Years Ended December 31 2024 2022 $ $ $ Balance at beginning of year 7,059,692 Net income (loss) 3,323,700 5,609,452 5,774,552 2,390,900 (165,100) Deductions: Stock dividend (58,500 shares) 257,000 Common shares retired, September 30 (180,000 shares) 227,660 Common stock cash dividends Balance at end of year 904,950 713,000 0 $ $ $ 9,221,442 7,059,692 5,609,452 At December 31, 2021, paid-in capital consisted of the following: Common stock, 2,130,000 shares at $1 par Paid in capital-excess of par $ 2,130,000 7,570,000 No preferred stock or potential common shares were outstanding during any of the periods shown. Required: Compute Renn-Dever's earnings per share as it would have appeared in income statements for the years ended December 31, 2022, 2023, and 2024. Note: Negative amounts should be indicated by a minus sign. Year Numerator + Denominator 2022 2023 2024 + = = = Earnings (Net Loss) per Share
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