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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 (59,100 shares) Common shares retired, September 30 (120,000 shares) Common stock cash dividends Balance at end of year At December 31, 2021, paid-in capital consisted of the following: Common stock, 2,090,000 shares at $1 par Paid in capital-excess of par $ 2,090,000 7,550,000 2024 $ 7,063,292 3,321,700 For the Years Ended December 31 2023 $ 5,629,052 2,370,900 2022 $ 5,754,552 (125,500) 255,000 902,950 $ 9,227,042 225,660 711,000 $ 7,063,292 $ 5,629,052 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, 2022,

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