Question: At December 3 1 , 2 0 1 9 , Vaughn Corporation had the following stock outstanding. 1 0 % cumulative preferred stock, $ 1

At December 31,2019, Vaughn Corporation had the following stock outstanding.
10% cumulative preferred stock, $100 par, 109,101 shares $10,910,100
Common stock, $5 par, 4,021,360 shares
20,106,800
During 2020, Vaughn did not issue any additional common stock. The following also occurred during 2020.
Compute earnings per share data as it should appear in the 2020 income statement of Vaughn Corporation. (Round answers to 2
decimal places, e.g.1.48.)
At December 31,2019, Vaughn Corporation had the following stock outstanding. 10%

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