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Parsley Corporation had 340,000 shares of common stock and 5,900 shares of 8%, $100 par preferred stock outstanding on December 31, 2020. The preferred stock
Parsley Corporation had 340,000 shares of common stock and 5,900 shares of 8%, $100 par preferred stock outstanding on December 31, 2020. The preferred stock is cumulative, nonconvertible preferred stock. On June 1, 2021. Parsley sold 45,000 shares of common stock for cash No cash dividends were declared for 2021. Parsley reported a net loss of $329,000 for the year ended December 31, 2021 Required: Calculate Parsley's loss per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.) Los por sharo
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