Exercise 4-10 Your answer is incorrect. Try again. The stockholders' equity section of Grouper Corporation appears below as of December 31, 2017 8% preferred stock, $50 par value, authorized 101,592 shares, outstanding 91,592 shares Common stock, $1.00 par, authorized and issued 10,447,900 shares $4,579,600 10,447,900 20,803,600 Additional paid-in capital Retained earnings Net income $134,152,000 34,980,000 169,132,000 $204,963,100 Net income for 2017 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of $11,447,300 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $366,368 were declared and paid in 2017. Dividends of $1,085,900 were declared and paid to common stockholders in 2017. Compute earnings per share data as it should appear on the income statement of Grouper Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Net Income (Loss)