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Question: exercise 1617 sandhill company had 189600 shares of common stock...

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Exercise 16-17 Sandhill Company had 189,600 shares of common stock outstanding on December 31, 2018. During the year 2019, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2019, Sandhill Company reported net income of $246,900 after a loss from discontinued operations of $40,300 (net of tax) What earnings per share data should be reported at the bottom of its income statement? (Round answers to 2 decimal places, e.g. $2.55.) Sandhill Company Income Statement

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