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Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021. RENN-DEVER
Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021. RENN-DEVER CORPORATION Statements of Retained Earnings Balance at beginning of year Net income (loss) Deductions: Stock dividend (61,500 shares) Common shares retired, September 30 (140,000 shares) Common stock cash dividends Balance at end of year At December 31, 2018, paid-in capital consisted of the following: Common stock, 2,190,000 shares at $1 par Paid in capital-excess of par $2,190,000 7,600,000 For the Years Ended December 31 2021 2020 2019 $7,094,292 $5,620,052 $5,804,552 3,326,700 2,420,900 (184,500) 260,000 907,950 230,660 716,000 $9,253,042 $7,094,292 $5,620,052 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, 2019, 2020, and 2021. (Negative amounts should be indicated by a minus sign.)
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