Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years...
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Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021. Balance at beginning of year Net income (loss) Deductions: Stock dividend (34,900 shares) RENN-DEVER CORPORATION Statements of Retained Earnings Common shares retired, September 30 (110,000 shares) Common stock cash dividends Balance at end of year At December 31, 2018, paid-in capital consisted of the following: For the Years Ended December 31 2021 2020 2019 $6,794,292 $5,464,052 $5,624,552 3,308,700 2,240,900 (160,500) 242,000 889,950 212,660 698,000 $8,971,042 $6,794,292 $5,464,052 Common stock, 1,855,000 shares at $1 par Paid in capital-excess of par $1,855,000 7,420,000 No preferred stock or potential common shares were outstanding during any of the periods shown. Required: Compute Renn-Dever's earnings per share as it would have appeared in income statements for the years ended December 31, 2019, 2020 and 2021 Man amante chaild he indented humil < Prev 8 of 9 Next > Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021. Balance at beginning of year Net income (loss) Deductions: Stock dividend (34,900 shares) RENN-DEVER CORPORATION Statements of Retained Earnings Common shares retired, September 30 (110,000 shares) Common stock cash dividends Balance at end of year At December 31, 2018, paid-in capital consisted of the following: For the Years Ended December 31 2021 2020 2019 $6,794,292 $5,464,052 $5,624,552 3,308,700 2,240,900 (160,500) 242,000 889,950 212,660 698,000 $8,971,042 $6,794,292 $5,464,052 Common stock, 1,855,000 shares at $1 par Paid in capital-excess of par $1,855,000 7,420,000 No preferred stock or potential common shares were outstanding during any of the periods shown. Required: Compute Renn-Dever's earnings per share as it would have appeared in income statements for the years ended December 31, 2019, 2020 and 2021 Man amante chaild he indented humil < Prev 8 of 9 Next >
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