Reporting Earnings per Share Disclosures Siera Inc. had 350,000 shares of no par common stock outstanding throughout 2020 that declared and paid dividends of $150,000 in 2020. The company also had 90,000 shares of preferred stock that paid dividends of $15,000 in 2020 (declared in 2020). The company reported the following amounts in its income statement for the year ended December 31, 2020 (pretax) Income from continuing operations $3,750.000 Loss from discontinued operations 105.000 Required a. Prepare the earnings per share section of the income statement for the year ended December 31, 2020, assuming a tax rate of 25% Use a negative sign to indicate a loss. Enter the answers for per share amounts in dollars and cents, rounded to the nearest penny. Per Share 2012.500 Loss from discontinued component, net of tax savings 1937500) Net income 4.14