Please complete the following problem correctly showing all steps.

1. Earnings Per Share Exercise 13-11 from the Textbook. The following information relates to Perry Corporation for the year ended December 31, 2011: 75,000 shares Common stock outstanding Income from continuing operations Loss on discontinued operations (net of tax) Extraordinary gain (net of tax) $1,523,200 240,000 144,000 Calculate EPS for the year ended December 31,2011. Present the information in the same format used in the corporation's income statement. 2. Earnings Per Share Exercise 13-12 from the Textbook. Dean Company had an average number of shares of common stock outstanding of 200,000 in 2011 and 215,000 in 2012. Net income for these two years was as follows: 2011 2012 $2,208,000 2,304,000 a. Calculate EPS for the years ended December 31, 2011, and 2012. b. What might the resulting figures tell a stockholder or a potential investor