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The stockholders' equity section of Headland Corporation appears below as of December 31, 2017. 8% preferred stock, $50 par value, authorized 101,350 shares, outstanding 91,350
The stockholders' equity section of Headland Corporation appears below as of December 31, 2017. 8% preferred stock, $50 par value, authorized 101,350 shares, outstanding 91,350 shares Common stock, $1.00 par, authorized and issued 10,857,400 shares $4,567,500 10,857,400 20,876,000 Additional paid-in capital Retained earnings Net income $134,806,000 35,640,000 170,446,000 $206,746,900 Net income or 2017 reflects a total effective tax rate of 3 %. Included in the net income figure s a loss of 12,045 00 before a sa result of a non-recurring majorca ait. Preferred stock dividends of $365,400 were declared and paid in 2017. Dividends of $1,009,100 were declared and paid to common stockholders in 2017 Compute earnings per share data as it should appear on the income statement of Headland Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Net Income / (Loss)
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