Question: At December 3 1 , 2 0 2 3 , Swifty Corporation had the following shares outstanding: 8 % cumulative preferred shares, 1 0 7

 At December 31,2023, Swifty Corporation had the following shares outstanding: 8%
At December 31,2023, Swifty Corporation had the following shares outstanding:
8% cumulative preferred shares, 107,200 shares outstanding $10,720,000
Common shares, 3,810,000 shares outstanding
19,050,000
During 2023, the corporation's only share transaction was the issuance of 310,000 common shares on April 1. During 2023, the following also occurred:
Income from continuing operations before tax $23,080,000
Discontinued operations (loss before tax),3,039,000
Preferred dividends declared
Common dividends declared
Effective tax rate
857,600
2,120,000
30%
Calculate earnings per share information as it should appear in the financial statements of Swifty for the year ended December 31,2023.(Round per share answers to 2 decimal places, e.g.52.75.)
cumulative preferred shares, 107,200 shares outstanding $10,720,000 Common shares, 3,810,000 shares outstanding

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