SEU = Homework E16_21B.doc - Compatibility Mode - W... 0 Christina Perdicaro Review View Help Design Layout References Mailings 111 A A Aav ASE E ESSE X X ADA ADAL Paragraph AaBbCcDc AaBbCcDc AaBbc 1 Normal 1 No Spac. Heading 1 Font Styles E16.21B LO 4) (EPS Simple Capital Structure) At January 1, 2020, JR Company's outstanding shares included the following 210,000 shares of 100 par value, 6 cumulative peeerred to do anuary 1, 2018 600.000 shares of st par value common stock Not income for 2020 was 52,699,000. No cash dividends were declared or paid during 2018 or 2019. On March 31, 2020, all preferred dividends in arrears for 2018 and 2019 were paid. Then, on July 1, 2020, the company declared and distributed a 10% stock dividend on common shares. On February 1, 2021, the company declared and past the 2020 preferred dividend, and a so to share cash dividend on the common shares On March 1, 2020, 800,000 shares of common stock were sold for Sper share, and on October 1, 2020, 50,000 shares of com mon stock held as treasury stock were sold for Sper shure Instructions Compute earnings per share for 2020. Assume that financial statements for 2020 were issued in March 2021 8:57 AA cdn.inst-fs-lad-prod.inscloudgate.net