The following are all changes in the account balances of Flounder Ltd. during the current year, except for Retained Earnings: Increase (Decrease) Increase (Decrease) Cash $80,000 Accounts payable $(83,700) Accounts receivable (net) 77,000 Unearned revenue 24,000 Inventory 171,000 Bonds payable 90,000 Investments in FV-NI securities (32,000) Common shares 123,000 Contributed surplus 82,700 Calculate the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $21,300, which was paid in the current year. Net income for the current year AA $ The shareholders' equity section of Whispering Winds Corporation as at December 31, 2023, follows: 10% cumulative preferred shares, 100,000 shares authorized, 70,000 shares outstanding Common shares, 10 million shares authorized and issued Contributed surplus Retained earnings $4,200,000 10,000,000 10,000,000 24,200,000 178,000,000 $202,200,000 Net income of $24 million for 2023 reflects a total effective tax rate of 25%. Included in the net income figure is a loss of $16 million (before tax) relating to the operations of a business segment that is to be discontinued. Calculate earnings per share information as it should appear in the financial statements of Whispering Winds for the year ended December 31, 2023. (Round answers to 2 decimal places, e.g. 52.75.) Calculate earnings per share information as it should appear in the financial statements of Whispering Winds for the year ended December 31, 2023. (Round answers to 2 decimal places, e.g. 52.75.) Continuing Operations Discontinued Operations Net Income/(Loss) Earnings per Share A