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  3. . jasper corp, has the following stockholders equi

. Jasper Corp, has the following Stockholders Equity account balances and activity for Year 2....

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Accounting

. Jasper Corp, has the following Stockholders Equity account balances and activity for Year 2.

Net income

$14,655,000

Retained earnings

$16,500,000

Preferred stock shares outstanding

2,000

Common stock shares outstanding at January 1, Year 2

7,375,000

Additional Common shares issued at July 1, Year 2

30,000

4-for-1 stock split at December 31, Year 2

Preferred Dividends

$10,000

Common Dividends

$75,000

Year 1 EPS

$3.60

Date

Shares

Portion of year

Weighted Average Shares

January 1, Y2

7,375,000

July 1, Y2

Weighted Average December 31 before split

Stock split 4-for-1

*Total Weighted Average, 12/31/Y2

Note: Year 1 restated

$3.60 / 4 =_____

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