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LeDuc Construction Ltd. had 60,000 common shares and 20,000 $1 20 preferred shares outstanding on December 31, 2019. On April 30, 2020, the company issued
LeDuc Construction Ltd. had 60,000 common shares and 20,000 $1 20 preferred shares outstanding on December 31, 2019. On April 30, 2020, the company issued 6,000 additional common shares and split the common shares 2 for 1 on December 1, 2020. There were no other share issuances and no share repurchases during the year ended December 31, 2020 Income for the year from continuing operations was $70,000, and loss on discontinued operations (net of income tax) was $5,000 Required Compute LeDuc Construction Ltd.'s EPS amounts for the year ended December 31, 2020 Required Prepare Beaupre Corp's statement of shareholders' equity for 2020 Transactions - - X * Shareholders' equity N Commons ares. 450.000 shares authorized 149 00 shares issued and outstanding $ Mar. 6 Declared and issued a 10-percent stock dividend. At the time, their common shares were quoted at a market price of $16.00 per share May 12 Sold 1,600 common shares for $16.50 per share Aug 22 Sold 1.500 common shares to employees at 512.00 per share Oct 15 Declared cash dividends of $185.000 Oct 31 Pald cash dividends declared on October 15 Oct 31 Net income for the year was $399.000 Retained onings 1,490,000 688,000 2 178,000 S Total share olders' equity
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