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Compute earnings per share data as it should appear

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(Earnings Per Share) The stockholders' equity section of Tkachuk Corporation appears below as of December 31, 2004.

8% cumulative preferred stock, $50 par value, authorized100,000 shares, outstanding 90,000 shares $ 4,500,000
Common stock, $1.00 par, authorized and issued 10 million shares 10,000,000
Additional paid-in capital 20,500,000
Retained earnings $134,000,000
Net income 33,000,000 167,000,000$202,000,000
Net income for 2004 reflects a total effective tax rate of 34%. Included in the net income figure is a loss of $18,000,000 (before tax) as a result of a major casualty. Compute earnings per share data as it should appear on the income statement of Tkachuk Corporation. 

Reference no: EM131105064

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