$13\mathrm{.}18($LO $2)($Eiarningt per Share$)$ The stockholdert' equity section of Hendly Corpocation appears below mo of December $31,2025.$

Wht preferred stock, $550$ par value, suthorined $100,000$ shares, owtstanding $90,000$ shares

Coremon stock, $$1\mathrm{.}90$ par, awihorined and lswed

$10$ million shares

Additional pald$-$in caplital

$ $4,500,000$

Retained earnings $($includes $2025$ net income of $531,000,000$

$10,000,000$

$20,500,000$

Total snockhoiders' equity

$167,000,000$

$202,000,000$

Net incume for $2025$ reflects a total effective tax rate of $20\%.$ Included in the net inoome figure is a loss of $$18,000,000($before tax$)$ as a result of a non$-$rtcurring major casualty. Preferred stock dividends of $$360,000$ were declared and paid in $2025.$ Dividends of $$1,000,000$ were declared and paid to common stocitholders in $2025$

Instructions

Compute earnings per share data as it should appear on the income statement of Hendly Corpornition.