Question: Return to the RAR data in Short Exercise 13-8. RAR had 13,500 shares of common stock outstanding during 2012. RAR declared and paid preferred dividends

Return to the RAR data in Short Exercise 13-8. RAR had 13,500 shares of common stock outstanding during 2012. RAR declared and paid preferred dividends of $3,000 during 2012.

Requirement

1. Show how RAR reported EPS data on its 2012 income statement.

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