Exercise 4-13 Your answer is partially correct. Try again. At December 31, 2016, Waterway Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,956 shares $10,795,600 Common stock, $5 par, 4,068,220 shares 20,341,100 During 2017, Waterway did not issue any additional common stock. The following also occurred during 2017 Income from continuing operations before taxes Discontinued operations (loss before taxes) Preferred dividends declared Common dividends declared Effective tax rate $22,234,700 $3,457,200 $1,079,560 $2,404,100 35 % Compute earnings per share data as it should appear in the 2017 income statement of Waterway Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Income from Continuing Operations iscontinued Operations Net Income/(Loss)