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The stockholder's equity section of Navarez Company appears below as of December 31, 2020. 8% preferred stock, $50 par value, authorized 101,800 shares, outstanding 91,800

The stockholder's equity section of Navarez Company appears below as of December 31, 2020.

8% preferred stock, $50 par value, authorized
101,800 shares, outstanding 91,800 shares 4,590,000
Common stock, $1.00 par, authorized and issued 10,200,000 shares 10,200,000
Additional paid-in capital 20,910,000
Retained earnings 136,680,000
Net Income 33,660,000 170,340,000
206,040,000

Net income for 2020 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $18,360,000 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $367,200 were declared and paid in 2020. Dividends of $1,020,000 were declared and paid to common stockholders on 2020.

Compute earnings per share data as it should appear on the income statement of Navarez Company. (Round answers to 2 decimal places e.g. 1.48).

Please make sure to clearly explain each step and to show your numbers/your work. This helps me understand the process. I will vote thumbs up if completed correctly and explained well. Thank you

The Net Income/(loss) is: $_____________

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