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At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data:...

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Accounting

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At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common shares: no changes during the current year Shares authorized: 5,000,000. Shares issued, _; issue price $1 per share. Net income for the current year: $4,800,000 Common Shares account: $1,500,000 Dividends declared and paid during the current year: $2 per share Retained Earnings balance, beginning of the year: $82,900,000 Required: Complete the following: (Round "Earnings per share" to 2 decimal places.) 1. Shares issued Shares outstanding 2. Earnings per share 3. Total dividends paid on common shares during the current year

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