Question: At December 31, 2019, Waterway Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,903 shares Common stock, $5 par, 4,079,240

At December 31, 2019, Waterway Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,903 shares Common stock, $5 par, 4,079,240 shares $10,890,300 20,396,200 During 2020, Waterway 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 $23,214,400 $3,311,400 $1,089,030 $2,372,200 35 Compute earnings per share data as it should appear in the 2020 income statement of Waterway Corporation. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share Net Income / (Loss) Income from Continuing Operations Discontinued Operations

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