exercise 20-20 On January 1, 2017, Carla Industries had stock outstanding as follows. 6% Cumulative preferred stock, 5100 par value, issued and outstanding 9,800 shares $980,000 Common stock, $10 par value, sed and outstanding 185,000 shares 1,850,000 To acquire the set assets of three smaller companies, Carla uthorted the issuance of an additional 159.500 common shares. The acquisitions took place as shown below. Shares Issued Date of Acquisition Company A April 1, 2017 Company B Suly 1, 2017 Company C October 1, 2017 52,800 76,800 30,000 On May 14, 2017, Carla realized a $91,200 (before taxes) insurance gain on discontinued operations, On December 31, 2017, Carta recorded income of $273,600 from continuing operations (after tax) Assuming a 50% tax rate, compute the earnings per share data that should appear on the financial statements of Carta Industries as of December 31, 2017. (Round answer to 2 decimal place, 9.52.55.) Carla Industries Income Statement PYND 2000-2019 John Wil d A Dino