The stockholders?? equity section of Sosa Corporation appears below as of December 31, 2012.

Net income for 2012 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of $12,000,000 (before tax) as a result of a major casualty, which should be classified as an extraordinary item. Preferred stock dividends of $270,000 were declared and paid in 2012. Dividends of $1,000,000 were declared and paid to common stockholders in 2012.InstructionsCompute earnings per share data as it should appear on the income statement of SosaCorporation.

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6% preferred stock, $50 par value, authorized 100,000 shares, outstanding 90,000 shares Common stock, $1 par, authorized and issued 10 million shares Additional paid-in capital Retained earnings Net income $ 4,500,000 10.000,000 20,500,000 $134,000,000 33.000,000 167.000.000 $202,000,000