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On January 1, 2021, Bridgeport Corp. had 487,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock

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On January 1, 2021, Bridgeport Corp. had 487,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. Your answer is correct. Determine the weighted-average number of shares outstanding as of December 31,2021 . The weighted-averagn number ot shares outstanding Assume that Bridgeport Corp. earned net income of $3,601,000 during 2021. In addition, it had 100,000 shares of 9K,5100 par noncomvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2021, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal ploces, eg$2.55 ) Earnings Per 5hare eTextbook and Media X Your answer is incorrect. Aswume the same facts as in part (b), except that the preferred stock was cumulative, Campute earnings per ahare for 2021. (Round anwar to 2 decimol ploces, es. 52.55.) Eamings Per.5hare. 5 Assume the same facts as in part (b), except that net income included a loss from discontinued operations of $421.000 (net of tax). Compute carnings per share for 2021. (Round answer to 2 decimal places, e. 52.55 )

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