Acc421 Intermediate AccountingP19-10 Comparative Statements of Retained Earnings for Renn-Dever

Acc421 Intermediate Accounting

P19-10 EPS from statement of retained earnings
Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2009, 2010, and 2011.
At December 31, 2008, paid-in capital consisted of the following:
Common stock, 1,855,000 shares at $1 par, $1,855,000
Paid in capital—excess of par 7,420,000

No preferred stock or potential common shares were outstanding during any of the periods shown.

Required:
Compute Renn-Dever's earnings per share as it would have appeared in income statements for the years ended December 3l, 2009, 2010, and 2011.
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