Sandhill Inc., a publicly-traded company, had 252,000 common shares outstanding on December 31, 2019. In 2020, the company issued 8,100 shares on May 1 and retired 12,000 shares on October 31. For 2020, the company reported a net income of $199,520 after a loss from discontinued operations of $39,000 (net of tax).

Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.)

		Earnings per share
Income per share before discontinued operations		$
Discontinued operations loss per share, net of tax		$
Net income per share		$

Assume that Sandhill Inc. issued a 3-for-1 stock split on January 31, 2021, and that the companys financial statements for the year ended December 31, 2020 were issued on February 15, 2021. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.)

		Earnings per share
Income per share before discontinued operations		$
Discontinued operations loss per share, net of tax		$
Net income per share		$

Is it possible for a corporation to have a simple capital structure one fiscal year and a complex capital structure in another fiscal year?