Income Statement, Lower Portion occurred: of Division M. 2. Cameron had 7,000 shares of common stock outstanding all year. It declared and paid a $3 per share cash dividend on this stock. Required: Assuming that all the pretax items are subject to a 30% income tax rate: 1. Complete the lower portion of Cameron's income statement, beginning with "Pretax Income from Continuing Operations." Round earnings per share computations to two decimal places. 2. Prepare an accompanying statement of retained earnings for the year ended December 31 . CAMERON COMPANY