At december 31, 2019, concord corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,956 shares $10,795,600 common stock, $5 par, 4,068,220 shares 20,341,100 during 2020, concord did not issue any additional common stock. the following also occurred during 2020. income from continuing operations before taxes $22,234,700 discontinued operations (loss before taxes) $3,457,200 preferred dividends declared $1,079,560 common dividends declared $2,404,100 effective tax rate 35 %
compute earnings per share data as it should appear in the 2020 income statement of concord corporation.