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Your Answer Correct Answer At December 31, 2020, Concord Corporation had the following shares outstanding: $10.900.000 6% cumulative preferred shares, 109,000 shares outstanding Common shares, 3,870,000 shares outstanding 19,350,000 During 2020, the corporation's only share transaction was the issuance of 370,000 common shares on April 1. During 2020, the following also occurred: $23,180,000 Income from continuing operations before tax Discontinued operations (loss before tax) 3,194.000 Preferred dividends declared 654,000 Common dividends declared 2,300,000 Effective tax rate 39% Calculate earnings per share information as it should appear in the financial statements of Concord Corporation for the year ended December 31, 2020. (Round per share answer to 2 decimal places, e.g. 52.75.) Earnings Per Share Income from Continuing Operations $ Discontinued Operations Net Income $