On January 1, 2018,BlueCorp. had478,000shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account.

February 1Issued120,000shares

March 1Issued a 10% stock dividend

May 1Acquired102,000shares of treasury stock

June 1Issued a 3-for-1 stock split

October 1Reissued59,000shares of treasury stock

Determine the weighted-average number of shares outstanding as of December 31, 2018.

The weighted-average number of shares outstanding 1751150

Assume thatBlueCorp. earned net income of $3,582,000during 2018. In addition, it had100,000shares of9%, $100par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2018. Compute earnings per share for 2018, using the weighted-average number of shares determined in part (a).(Round answer to 2 decimal places, e.g. $2.55.)

Earnings Per Share $2.05

Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2018.(Round answer to 2 decimal places, e.g. $2.55.)

Earnings Per Share $1.53

Assume the same facts as in part (b), except that net income included a loss from discontinued operations of $441,000(net of tax). Compute earnings per share for 2018.(Round answer to 2 decimal places, e.g. $2.55.)

Blue Corp

Income statement

For the year ended December 31, 2018

Income from continuing operations - $ My number is wrong

Loss from discontinuing operations - $ My number is wrong

Net income/ loss - $ My number is wrong

I only need help with the income statement because my numbers are wrong