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E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current

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E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current year, the weighted average number of common shares outstanding was 140,000. Income Statement, End of Current Year Sales Cost of goods sold Operating expenses Tax expense $1,022,000 816,000 96,000 23,000 Required: Calculate EPS for DC United. (Round your answer to 2 decimal places.) Earnings per share E11-15 (Algo) Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 4 Repurchased 230 shares of the company's own common - stock at $28 cash per share. b. Jun. 14 S u Sold 50 of the shares purchased on April 1 for $33 cash per share. c. Sept. 1 Sold 40 of the shares purchased on April 1 for $23 cash per share. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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