Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) 2019 2020 2021 Sales $ 467,855 $ 688,040 $ 999,900 Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) 157,930 166,150 324,070 $ 309,935 $ 521,890 $ 831,825 (188,235) 80,660 (107,575) $ 153,494 $ 533,200 $ 724,250 29,300 2,980 12,680 + Information on Common Shares for Ace Group Inc. * Shares outstanding on December 31, 2018 Purchase and retirement of shares on March 1, 2019 Sale of shares on June 1, 2019 Share dividend of 5% on August 1, 2019 + Shares outstanding on December 31, 2019 Sale of shares on February 1, 2020 Purchase and retirement of shares on July 1, 2020 Shares outstanding on December 31, 2020 Sale of shares on March 1, 2021 Purchase and retirement of shares on September 1, 2021 Share split of 3.1 on October 1, 2021 Shares outstanding on December 31, 2021 + 5,860 1,490 + 16,760 3,750 + *No preferred shares have been issued. 2. Calculate the weighted-average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.) 2019 2020 2021 Weighted-average outstanding shares 3. Prepare the earnings per share income statement presentation during the following years: (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) 2019 2020 2021 Profit from continuing operations Gain (Loss) from discontinued operations $ 0.00 $ 0.00 $ 0.00 Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) 2019 2020 2021 Sales $ 467,855 $ 688,040 $ 999,900 Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) 157,930 166,150 324,070 $ 309,935 $ 521,890 $ 831,825 (188,235) 80,660 (107,575) $ 153,494 $ 533,200 $ 724,250 29,300 2,980 12,680 + Information on Common Shares for Ace Group Inc. * Shares outstanding on December 31, 2018 Purchase and retirement of shares on March 1, 2019 Sale of shares on June 1, 2019 Share dividend of 5% on August 1, 2019 + Shares outstanding on December 31, 2019 Sale of shares on February 1, 2020 Purchase and retirement of shares on July 1, 2020 Shares outstanding on December 31, 2020 Sale of shares on March 1, 2021 Purchase and retirement of shares on September 1, 2021 Share split of 3.1 on October 1, 2021 Shares outstanding on December 31, 2021 + 5,860 1,490 + 16,760 3,750 + *No preferred shares have been issued. 2. Calculate the weighted-average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.) 2019 2020 2021 Weighted-average outstanding shares 3. Prepare the earnings per share income statement presentation during the following years: (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) 2019 2020 2021 Profit from continuing operations Gain (Loss) from discontinued operations $ 0.00 $ 0.00 $ 0.00
