Reporting Earnings per Share Disclosures Siera Inc had 350,000 shares of no par common stock outstanding throughout 2020 that declared and pad dividends of $50.000 in 2020. The company also had 30,000 shares of preferred stock that paid dividends of $5.000 in 2020 (declared in 20201. The company reported the following amounts in its income statement for the year ended December 31 2020 (pretaxi income from contine operations 1,250,000 Los from continued operations 35.000 Required a. Prepare the earnings per share section of the income statement for the year ended December 31, 2020, assuming a tax rate of 25th 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: Incomit from coming operations Loss from discontinued.component, net of tax Savi Netinome 0 D Required b. Repeat requirement of part a except now assume that the company reported income from discontinued operations of $35.000 Use a negative sign to indicate a loss. Enter the answers for per share amounts in dollars and cents, rounded to the nearest penny S Per She Income from continuing operations Income from discontinued component of tax het income 0 0 5 Next