The shareholders' equity section of Blue Spruce Corporation as at December 31, 2017, follows:

6% cumulative preferred shares, 100,000 shares authorized, 81,000 shares outstanding

$4,390,000Common shares, 16 million shares authorized and issued

16,000,000

Contributed surplus

10,700,000

31,090,000

Retained earnings

174,000,000

$205,090,000

Net income of $20 million for 2017 reflects a total effective tax rate of 23%. Included in the net income figure is a loss of $14 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 Blue Spruce Corporation for the year ended December 31, 2017. (Round answers to 2 decimal places, e.g. 52.75.)

Earnings per shareContinuing Operations

$

Discontinued Operations

Net Income / (Loss)

$

Exercise 4717 The shareholders' equityr section of Blue Spruce Corporation as at December 31, 2017, follows: 6% cumulative preferred shares, 100,000 shares authorized, 81,000 shares outstanding $4,390,000 Common shares, 16 million shares authorized and issued 16,000,000 Contributed surplus 10,?00,000 31,090,000 Retained earnings 174,000,000 $205,090,000 Net income of $20 million for 2017 reects a total effective tax rate of 23%. Included in the net income gure is a loss of $14 million (before tax) relating to the operations of a business segment that is to be discontinued. Calculate earnings per share informatlon as it should appear in the nancial statements of Blue Spruce Corporation for the year ended December 31, 201102001111 answers to 2 decimalI places, e.g. 52.75.) Earnings per share Continuing Operations Discontinued Operations Net Income,Ir (Loss) $