Question
on January 1 2022 swift corporation purchased 4100 shares of treasury stock. other information regarding swifty corporation is provided as follows. Net Income: 2021 82000,
on January 1 2022 swift corporation purchased 4100 shares of treasury stock. other information regarding swifty corporation is provided as follows. Net Income: 2021 82000, 2022 90200, Dividends on preferred stock: 2021 24600, 2022 24600. Dividends on common stock: 2021 16400, 2022 20500. Weighted-average number of common shares outstanding: 2021 41000, 2022 36900. Common stockholders' equity beginning of year: 2021 492000, 2022 615000. Common stockholders' equity end of year: 2021 615000, 2022 680600. (A) Compute earnings per share for each year.
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