Question

At December 31, 2019, Windsor Corporation had the following stock outstanding. 10% cumulative preferred stock, $100...

At December 31, 2019, Windsor Corporation had the following stock outstanding.

10% cumulative preferred stock, $100 par, 109,132 shares $10,913,200
Common stock, $5 par, 4,099,860 shares 20,499,300


During 2020, Windsor did not issue any additional common stock. The following also occurred during 2020.

Income from continuing operations before taxes $22,221,000
Discontinued operations (loss before taxes) $3,280,700
Preferred dividends declared $1,091,320
Common dividends declared $2,401,300
Effective tax rate 35 %


Compute earnings per share data as it should appear in the 2020 income statement of Windsor Corporation.

Earnings Per Share

Net Income / (Loss)Income from Continuing OperationsDiscontinued Operations

$enter a dollar amount

Income from Continuing OperationsDiscontinued OperationsNet Income / (Loss)

enter a dollar amount

Discontinued OperationsNet Income / (Loss)Income from Continuing Operations

$enter a total amount

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