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Novak Company had 186,000 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued 8,000 shares on May 1
Novak Company had 186,000 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2022, Novak Company reported net income of $272,000 after a loss from discontinued operations of $44,700 (net of tax). What earnings per share data should be reported at the bottom of its income statement? (Round answers to 2 decimal places, e.g. $2.55.) Novak Company Income Statement For the Year Ended December 31, 2022 Income Per Share from Continuing Operations ta Loss from Discontinued Operations per Share Net Income /(Loss) Per Share $
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