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EPS Earnings Per Share Data SectionYear2011Preferred stock8%$100par10,000shares outstanding12months4conversion rate into common stockCommon stock$10par50,000shares outstanding3months INPUT1 shares outstanding INPUT2 months INPUT3 shares outstanding INPUT4 months INPUT5

EPSEarnings Per ShareData SectionYear2011Preferred stock8%$100par10,000shares outstanding12months4conversion rate into common stockCommon stock$10par50,000shares outstanding3monthsINPUT1shares outstandingINPUT2monthsINPUT3shares outstandingINPUT4monthsINPUT5shares outstandingINPUT6monthsNet income$545,000from continuing operations(72,000)from discontinued segment (net of tax)Answer SectionWeighted average common shares outstandingFORMULA1Earnings (loss) per common shareBasicDilutedContinuing operationsFORMULA2FORMULA5Discontinued operationsFORMULA3FORMULA6Net incomeFORMULA4FORMULA7

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