Exercise 4-13 At December 31, 2016, Pharoah Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,210 shares $10,821,000 Common stock, $5 par, 4,034,000 shares 20,170,000 During 2017, Pharoah did not issue any additional common stock. The following also occurred during 2017 Income from continuing operations before taxes Discontinued operations (loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $22,350,000 $3,245,000 $1,082,100 $2,300,000 35 % Compute earnings per share data as it should appear in the 2017 income statement of Pharoah Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Income from Continuing Operations $ Discontinued Operations Net Income (Loss)