The financial statements of Planet Media Inc. included the following selected information at December 31, 2018: Common shares Retained earnings Net earnings Dividends declared $1,620,000 912,000 1,134,000 1,040,000 The common shares were sold at $20 per share. Required: 1. What was the amount of retained earnings at the beginning of 2018? (Round your intermediate calculations and final answer to nearest whole dollar amount.) Retained earnings $ 818,000 2. Compute earnings per share. (Round the final answer to 1 decimal place.) Earnings per share $ 0.8