(EPS: Simple Capital Structure) At January 1, 2017, Langley Companys outstanding shares included the following. 280,000 shares of $50 par value, 7% cumulative preferred stock 900,000 shares of $1 par value common stock Net income for 2017 was $2,530,000. No cash dividends were declared or paid during 2017. On February 15, 2018, however, all preferred dividends in arrears were paid, together with a 5% stock dividend on common shares. There were no dividends in arrears prior to 2017. On April 1, 2017, 450,000 shares of common stock were sold for $10 per share, and on October 1, 2017, 110,000 shares of com- mon stock were purchased for $20 per share and held as treasury stock. Instructions Compute earnings per share for 2017. Assume that financial statements for 2017 were issued in March 2018.

This is the format they want us to use. I am confused on where the numbers go. Can you help? F should be replaced with formulas, T with text, A with account type, $ dollar signs for actual amounts, and N with number.
Compute earnings per share for 2017. Assume that financial statements for 2017 were issued in March 2018.
Event	Dates Outstanding	Shares Outstanding	Fraction of Year	Weighted Shares
Beginning balance	T	N	N	N
Issued shares	T	N	N	N
Reacquired shares	T	N	N	N
		Weighted-average number of shares outstanding - unadjusted		F
		Stock dividend, 2/15/2018	X	N
		Weighted-average number of shares outstanding - adjusted		F
		Net income		$
		Preferred dividend		$
				F
Earnings per share for 2017:
T	=	$	=	F
T		$