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The stockholders equity section of Windsor Corporation appears below as of December 31, 2020. 8% preferred stock, $50 par value, authorized 94,600 shares, outstanding 84,600

The stockholders equity section of Windsor Corporation appears below as of December 31, 2020.

8% preferred stock, $50 par value, authorized
94,600 shares, outstanding 84,600 shares

$4,230,000

Common stock, $1.00 par, authorized and issued 9,400,000 shares

9,400,000

Additional paid-in capital

19,270,000

Retained earnings

$125,960,000

Net income

31,020,000

156,980,000

$189,880,000

Net income for 2020 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $16,920,000 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $338,400 were declared and paid in 2020. Dividends of $940,000 were declared and paid to common stockholders in 2020. Compute earnings per share data as it should appear on the income statement of Windsor Corporation.

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