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Exercise 10-10 (Algo) Calculate EPS and dividends per share before stock split LO 109 For several years Orbon incorporated has followed a policy of paying

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Exercise 10-10 (Algo) Calculate EPS and dividends per share before stock split LO 109 For several years Orbon incorporated has followed a policy of paying a cash dividend of $0.61 per share and having a 5% stock dividend. In the 2023 annual report, Orbon reported restated earnings per share for 2021 of $1.18. Required: a. Calculate the originally reported earnings per share for 2021. b. Calculate the restated cash dividend per share for 2021 reported in the 2023 annual report for comparative purposes. Note: For all requirements, do not round intermediate calculitions. Round your answer to 2 decimal places

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