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DIRECTIONS The comparative statements of shareholders' equity for Company A are shown below. They follow the fiscal years ending December 3 1 , 2 0

DIRECTIONSThe comparative statements of shareholders' equity for Company A are shown below. They follow the fiscal years ending December 31,2019,2020, and 2021.Using the statements as the guide, compute earnings per share (EPS) as they would have appeared on the income statements for:December 31,2019December 31,2020December 31,2021No potential common shares were outstanding during any of the periods shown above.COMPANY AStatements of Shareholders' EquityFor the Years Ended December 31,2019,2020, and 2021($ in millions)TotalPreferredCommonAdditionalShare-Stock, $10Stock, $1Paid-inRetainedholders'parparCapitalEarningsEquityBalance at Jan. 1,2019554951,8782,428Sale of preferred shares10470480Sale of common shares, 7/198190Cash dividend, preferred(1)(1)Cash dividend, common(16)(16)Net income290290Balance at Dec. 31,201910641,0462,1513,271Retirement of common shares, 4/1(4)(36)(20)(60)Cash dividend, preferred(1)(1)Cash dividend, common(20)(20)3-for-2 split as common stock dividend 8/130(30)-Net income380380Balance at Dec. 31,202010909802,4903,57010% common stock dividend, 5/1990(99)-Sale of common shares, 9/133134Cash dividend, preferred(2)(2)Cash dividend, common(22)(22)Net income412412Balance at Dec. 31,2021101021,1012,7793,992
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