Current Attempt in Progress On January 1, 2022, Lily Corporation purchased 4,200 shares of treasury stock. Other information regarding Lily Corporation is provided as follows. Net income Dividends on preferred stock Dividends on common stock Weighted-average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year Earnings per share $ eTextbook and Media Save for Later 2021 2021 $ $84,000 $25,200 $16,800 42,000 $504,000 2022 (a) Compute earnings per share for each year. (Round answer to 2 decimal places, e.g. 10.50.) $92,400 2022 $25,200 $21,000 37,800 $630,000 $630,000 $697,200 Attempts: 0 of 2 used Submit Answer

On January 1,2022, Lily Corporation purchased 4,200 shares of treasury stock. Other information regarding Lily Corporation is provided as follows. (a) Compute earnings per share for each year. (Round answer to 2 decimal places, es. 10.50.)