The original income statements for ZoomMed, Inc., presented the following information when they were first published in 2013, 2014, and 2015:

The company also experienced some changes in the number of outstanding common shares over the three years through the following activities:

Required
1. Calculate the 11 missing amounts.
2. Calculate the weighted-average number of common shares outstanding during:
a. 2013
b. 2014
c. 2015
3. Rounding calculations to two decimal places, prepare the earnings per share income statement presentations for:
a. 2013
b. 2014
c.2015

Transcribed Image Text:

2015 2014 2013 Sales.... Expenses.... Income from continuing operations Gain (loss) on discontinued segment. (37,125) 215,000 7 90,000 14,100 (26,145) 2 $ 92,875 s on December 31, 2 20,000 2013 Issued shares on July 1....2,000 Issued shares on Septem 20% share dividend on December 1 2014 s on March 31 +8,000 Outstanding shares on December 31, 2014 2015 Issued shares on July 1 . 2:1 split on November 1 6,400 7