Exercise 4-13 Your answer is partially correct. Try again. At December 31, 2019, Metlock Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,612 shares $10,761,200 Common stock, $5 par, 4,070,700 shares 20,353,500 During 2020, Metlock did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes Discontinued operations (loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $22,052,200 $3,517,800 $1,076,120 $2,011,400 35 % Compute earnings per share data as it should appear in the 2020 income statement of Metlock Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share | Discontinued Operations 4070700 Income from Continuing Operations 1,076,120 TNet Income / (Loss) 25,570,000 Click if you would like to Show Work for this question: Open Show Work