Exercise 4-13 At December 31, 2016, Tamarisk Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,260 shares $10,826,000 Common stock, $5 par, 4,035,000 shares 20,175,000 During 2017, Tamarisk 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 $22,400,000 $3,455,000 $1,082,600 $2,400,000 35 % Compute earnings per share data as it should appear in the 2017 income statement of Tamarisk Corporation. Earnings Per Share Click if you would like to Show Work for this auestinn. nnch