Exercise 4-10

The stockholders equity section of Shamrock Corporation appears below as of December 31, 2017.

8% preferred stock, $50 par value, authorized
101,178 shares, outstanding 91,178 shares				$4,558,900
Common stock, $1.00 par, authorized and issued 10,221,900 shares				10,221,900
Additional paid-in capital				20,737,400
Retained earnings		$134,554,000
Net income		33,000,000		167,554,000
				$203,072,200

Net income for 2017 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of $11,650,600 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $364,712 were declared and paid in 2017. Dividends of $961,000 were declared and paid to common stockholders in 2017. Compute earnings per share data as it should appear on the income statement of Shamrock Corporation. (Round answers to 2 decimal places, e.g. 1.48.)

Earnings Per Share
Net Income / (Loss)		$ ?????