The stockholders equity section of bonita corporation


The stockholders’ equity section of Bonita Corporation appears below as of December 31, 2017.

8% preferred stock, $50 par value, authorized 100,622 shares, outstanding 90,622 shares       $4,531,100

Common stock, $1.00 par, authorized and issued 10,566,600 shares                                          10,566,600

Additional paid-in capital                                                                                                               20,928,700

Retained earnings                                                                                          $134,911,000

Net income                                                                                                         38,280,000         173,191,000

                                                                                                                                                     $209,217,400

Net income for 2017 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of $12,928,700 (before tax) as a result of a non-recurring major casualty. Preferred stock dividends of $362,488 were declared and paid in 2017. Dividends of $935,800 were declared and paid to common stockholders in 2017

Compute earnings per share data as it should appear on the income statement of Bonita Corporation.

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