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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 Balance at beginning of year Net income (loss) Deductions: Stock dividend (41,200 shares) Common shares retired, September 30 (150,000 shares) Common stock cash dividends Balance at end of year At December 31, 2021, paid-in capital consisted of the following: Common stock, 2,210,000 shares at $1 par Paid in capital-excess of par $ 2,210,000 7,610,000 For the Years Ended December 31 2024 $ 7,131,692 3,327,700 261,000 2023 $ 5,649,452 2,430,900 2022 $ 5,814,552 (165,100) 908,950 $ 9,289,442 231,660 717,000 $ 7,131,692 0 $ 5,649,452 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 = Earnings (Net Loss) per Share 2022 - = 2023 -- = II 2024 -|- =
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