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Ace Company had 200,000 shares c- common stock outstanding on December 31,2026 . During the...

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Finance

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Ace Company had 200,000 shares c- common stock outstanding on December 31,2026 . During the year 2027, the company issued 8,000 shares on May 1 and retired 14,000shares on October 31. For the year 2027. Ace Company reported net income of $249,690 after a loss from discontinued operations of $40,600 (net of tax). What earnings per share data should be reported at the bottom of its income statement? (Round answers to 2 decimal places, eg. 2.55.)

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