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Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2019 2020 and 2021. LOCKE

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Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2019 2020 and 2021. LOCKE INTERTECHNOLOGY CORPORATION Statements of Shareholders' Equity For the Years Ended Dec 31, 2019, 2020, and 2021 (5 in millions) Preferred Common Additional Stock, Paid-in $1 par Capital 70 $ 520 10 460 79 Stock $10 par Retained Earnings 1,888 le Total Shareholders Equity $ 2,478 470 38 (2) (16) 290 3,308 (59) (2) (20) 79 (6) Balance at January 1, 2019 Sale of preferred shares Sale of common shares, 7/1 Cash dividend, preferred Cash dividend, common Net Income Balance at December 31, 2019 Retirement of common shares, 4/1 Cash dividend, preferred Cash dividend, common 3. for 2 split affected in the form of a Connon stock dividend, 8/12 Net Income Balance at December 31, 2020 10% common stock dividend, 5/1 Sale of common shares, 9/1 Cash dividend, preferred Cash dividend, Connon Net Income Balance at December 31, 2021 1,059 (34) (2) (16) 290 2,160 (19) (2) (20) 36.5 (36.5) 10 109.5 10.95 398 2,509 (120.95) 390 3.617 988.5 110 36 (4) (27) 39 (4) (27) 422 $4,047 $10 5123.45 $1,134.5 $2,779.05 Required: Infer from the statements the events and transactions that affected Locke Intertechnology Corporation's shareholders' equity and compute earnings per share as it would have appeared on the income statements for the vears ended December 31, 2019, 2020. and 10.95 110 36 (120.95) 10x common stock dividend, 5/1 Sale of connon shares, 9/1 Cash dividend, preferred Cash dividend, common Net income Balance at December 31, 2021 (27) 422 $2,779.05 39 (4) (27) 422 $4,047 $10 $123.45 $1,134.5 Required: Infer from the statements the events and transactions that affected Locke Intertechnology Corporation's shareholders' equity and compute earnings per share as it would have appeared on the income statements for the years ended December 31, 2019,2020, and 2021. No potential common shares were outstanding during any of the periods shown. (Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5,50).) Year Numerator Denominator Earnings per share 2019 2020 2021

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