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Problem 19-9 (Algo) EPS from statement of retained earnings (L019-4, 19-5, 19-6] Comparative Statements of Retained Earnings for Renn Dever Corporation were reported as follows

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Problem 19-9 (Algo) EPS from statement of retained earnings (L019-4, 19-5, 19-6] Comparative Statements of Retained Earnings for Renn Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020 and 2021. RENDEVER CORPORATION Statements of Retained Earnings For the Year Ended December 31 2021 2020 2019 Balance at beginning of year 57,131,692 $5,649,452 35,114,552 Net incon (los) 3,327,700 2,438,900 (165,100) Deductions: Stock dividend (41,200 shares) 261,000 Common shares retired, September 30 (150,00 shares) 231,660 Common stock cash dividends 908,950 717,000 Balance at end of year $9,269,442 $7,131,692 55,649,452 At December 31, 2018, paid-in capital consisted of the following: Common stock, 2,210,000 shares at $1 par Paid in capital-excess of par $2,210,000 7,610,000 No preferred stock or potential common shares were outstanding during any of the periods shown Required: Compute Renn-Dever's earnings per share as it would have appeared in income statements for the years ended December 31, 2019, 2020 and 2021 (Negative amounts should be indicated by a minus sign.) Year Numerator Earnings (Net Loss) Denominator Stock dividend (41,200 shares) Common shares retired, September 30 (150,000 shares) Common stock cash dividends Balance at end of year 261, eee 231,660 908,950 717,000 $9,289,442 $7,131,692 $5,649,452 At December 31, 2018, paid in capital consisted of the following: Common stock, 2,210,000 shares at $1 par Paid in capital-excess of par $2,21e, eee 7,610,000 No preferred stock or potential common shares were outstanding during any of the periods shown. Required: Compute Renn-Dever's earnings per share as it would have appeared in Income statements for the years ended December 31, 2019. 2020, and 2021. (Negative amounts should be indicated by a minus sign.) Year Numerator Denominator 2019 2020 2021 Earnings (Net Loss) per Share 0 0 0

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