Rick is in his early sixties. a few years ago he had planned to retire by the time he was sixty, but when the time came, he decided to continue working. in fact, not only is rick still working, he has no intention of retiring or setting a time when retirement might occur. rick's decision to keep working into his late sixties is unusual in today's labor market.

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation