Problem 19-9 EPS from statement of retained earnings [LO19-4, 19-5, 19-6]

Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2014, 2015, and 2016.

RENN-DEVER CORPORATION
Statements of Retained Earnings
For the Years Ended December 31	2016			2015			2014
Balance at beginning of year	$	7,094,292		$	5,620,052		$	5,804,552
Net income (loss)		3,326,700			2,420,900			(184,500)
Deductions:
Stock dividend (61,500 shares)		260,000
Common shares retired, September 30 (140,000 shares)					230,660
Common stock cash dividends		907,950			716,000			0
Balance at end of year	$	9,253,042		$	7,094,292		$	5,620,052

At December 31, 2013, paid-in capital consisted of the following:

Common stock, 2,190,000 shares at $1 par,	$	2,190,000
Paid in capitalexcess of par		7,600,000

No preferred stock or potential common shares were outstanding during any of the periods shown.

Required:

Compute Renn-Devers earnings per share as it would have appeared in income statements for the years ended December 31, 2014, 2015, and 2016. (Negative amounts should be indicated by a minus sign.)