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The stockholders' equity section of Marigold Corporation appears below as of December 31, 2020. 8% preferred stock, $50 par value, authorized 87,400 shares, outstanding 77,400
The stockholders' equity section of Marigold Corporation appears below as of December 31, 2020. 8% preferred stock, $50 par value, authorized 87,400 shares, outstanding 77,400 shares Common stock, $1.00 par, authorized and issued 8,600,000 shares Additional paid-in capital Retained earnings Net income $3,870,000 8,600,000 17,630,000 $115,240,000 28,380,000 143,620,000 $173,720,000 Net income for 2020 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $15,480,000 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $309,600 were declared and paid in 2020. Dividends of $860,000 were declared and paid to common stockholders in 2020. Compute earnings per share data as it should appear on the income statement of Marigold Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Net Income /(Loss) $
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