AaBbCcDc AaBbCcDc AaBbc U Normal 1 No Spac... Heading 1 de X X ADA Font Paragraph Styles 616.21B (LO 4) (EPS: Simple Capital Structure) At January 1, 2020. JR Company's outstanding shares induced the following 200,000 shares of 100 par vale, cumulative preferred stack e d on January 2018 600shares of s ur value common stock Net income for 2020 was $2.689000. No cash dividends were declared or paid during 2018 or 2019. On March 31, 2020, all preferred dividends in arrears for 2018 and 2019 were paid. Then, on July 1, 2020, the company declared and distributed a 10% stock dividend on common shares. On February 1, 2001, the company declared and paid the 2000 preferred dividend, and a so.10 per shure cash dividend on the common shares On March 1, 2020, 800,000 shares of common stock were sold for pershare, and on October 1, 2020, 50,000 sharsol.com. mon stockholdas treasury stock were sold for persture Instructions Compute camings per share for 2020. Assume that financial statements for 2020 were issued in March 2021