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On January 1, 2021, Flint Corp. had 472,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock

On January 1, 2021, Flint Corp. had 472,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 100,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 63,000 shares of treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2021. The weighted-average number of shares outstanding enter the weighted-average number of shares outstanding as of December 31, 2018 eTextbook and Media Assume that Flint Corp. earned net income of $3,568,000 during 2021. In addition, it had 101,000 shares of 9%, $100 par 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 2021. Compute earnings per share for 2021, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal places, e.g. $2.55.) Earnings Per Share $enter earnings per share rounded to 2 decimal places eTextbook and Media Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2021. (Round answer to 2 decimal places, e.g. $2.55.) Earnings Per Share $enter earnings per share rounded to 2 decimal places eTextbook and Media Assume the same facts as in part (b), except that net income included a loss from discontinued operations of $422,000 (net of tax). Compute earnings per share for 2021. (Round answer to 2 decimal places, e.g. $2.55.) Flint Corp. Income Statement choose the accounting period For the Year Ended December 31, 2021 select an opening name for this statement $enter a dollar amount per share rounded to 2 decimal places select an income statement item enter a dollar amount per share rounded to 2 decimal places select a closing name for this statement enter a total earnings per share amount rounded to 2 decimal places

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