Question: PA11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5] At December 31 , the records of Kozmetsky Corporation provided the following selected and

 PA11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5]

PA11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5] At December 31 , the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2 : no changes duing the current year) Shares authoitized, 5,000.000. Shares issued, ? issue price $7 per share. Shares heid as treasury stock, 10,200 shares, cost $5 per share. Net income for the current year, $500,080. Common Stock account $152.000 Dividends deciared and paid during the current year. $2 per share. Retained Earnings balance, beginning of year, $820,000. Required: Complete the following: (Round "Earnings per shore" to 2 decimol places.)

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