On December 31, 2020, Tenico Inc had 550 million shares of common stock outstanding. 18 million shares at 6%,$100 par value cumulative, none convertible preferred stocks were sold on January 2, 2021. On April 30, 2021, Tenico Inc. purchased 50 million shares of its common stock as treasury stock. 20 Million treasury shares were sold on August 31. Tinaco issued a 4% common stock dividend on June 12, 2021. No cash dividend was declared in 2021; for the year ended December 31, 2021, Tinaco Inc reported a net loss of $135 million, including an after-tax loss from discounted operations of $390 million.

1)) Calculate Tinacos net loss per share for the year ended December 31, 2021

2) Calculate the per-share amount of income or loss from continuing operations for the year ended DeDecember 31,2021

3) Prepare an EPS presentation that would be appropriate to appear on Tinacoss2021 and 2020 comparative income statement. Assume EPS was reported in 2020 as $0.80 based on net income (No discontinued operations) of $440 million and a weighted average number of common share of $550 million.

Answer the questions below by entering the answer in the table below

1 to 2 3

Answer Tinacos net loss per share for the year ended December 31, 2021, and the per-share amount of income or loss from continuing operations for the year ended December 31, 2021 (Negative amounts should be indicated by minus sign round your answer to 2 decimal places answer you answers in millions (i.e., 10,000,000 should be as 10).)

Numerator / Denominator = Net loss per share

1 ________ / ___________ = _________________

_________ ____________ ___________________

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2 Numerator / Denominator income/loss form continuing operation

_________ / ___________ = ______________________

3 TINACO INC

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2021 and 2020 Comparative Income statement

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2021 2020 Earnings(loss) per common Share _______ ________

Income from continueing Operation _________ __________

Loss from discounted operations __________ __________

Net Incme (loss) __________ __________