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Sheffield Corporation stockholders' equity section appears below as of December 31, 2017. 8% preferred stock, $50 par value, authorized 100,622 shares, 90,622 shares outstanding $4,531,100

Sheffield Corporation stockholders' equity section appears below as of December 31, 2017.

8% preferred stock, $50 par value, authorized



100,622 shares, 90,622 shares outstanding


$4,531,100

Common shares, $1.00 par, authorized and issued 10,566,600 shares


10,566,600

Additional payment in principal


20,928,700

Retained earnings

$134,911,000



Net Income

38,280,000


173.191.000





$209,217,400

Net income for 2017 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of $12,928,700 (before taxes) as a result of a non-recurring major casualty event. Preferred stock dividends of $362,488 were declared and paid in 2017. Dividends of $935,800 were declared and paid to common stockholders in 2017.

Calculate the earnings per share data as it should appear on the income statement for Sheffield Corporation.

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