Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2022, 2023, and 2024.RENN-DEVER CORPORATIONStatements of Retained EarningsFor the Years Ended December 31202420232022Balance at beginning of year$ 7,059,692$ 5,609,452$ 5,774,552Net income (loss)3,323,7002,390,900(165,100)Deductions: Stock dividend (58,500 shares)257,000 Common shares retired, September 30 (180,000 shares) 227,660 Common stock cash dividends904,950713,0000Balance at end of year$ 9,221,442$ 7,059,692$ 5,609,452At December 31, 2021, paid-in capital consisted of the following:Common stock, 2,130,000 shares at $1 par$ 2,130,000Paid in capital—excess of par7,570,000No preferred stock or potential common shares were outstanding during any of the periods shown.Required:Compute Renn-Dever’s earnings per share as it would have appeared in income statements for the years ended December 31, 2022, 2023, and 2024.Note: Negative amounts should be indicated by a minus sign.

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To compute RennDever Corporations earnings per share EPS for the years ended December 31 2022 2023 a... View the full answer