I. Calculate basic earnings per share for 2011. 2. Caleulate diluted earnings per share for 2011. Com tion ende PRACTICE CASE Corporations: Retained earnings, dividends, treasury stock, and book value (LG 1-5) The stockholders' equity section of Susan Corporation as of December 31, 2010, follows: Stockholders' Equity Paid-in capital Stock Preferred stock, 10%cumulative, $50 par value; 50.000 shares Common stock, $1 par value: 400,000 shares authorized, 90,000 authorized, 4,000 shares issued $200,000 shares issued Total stock $290,000 Additional paid-in capital Paid-in capital-excess over par value, common stock Total paid-in capital $450,000 Retained earnings Total stockholders' equity