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Can someone tell me how to get those number? Thanks Faccio Academy Surplus had...

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Accounting

imageCan someone tell me how to get those number? Thanks

Faccio Academy Surplus had 40,000 shares of common stock and 4,000 shares of 1%, $10 par value preferred stock outstanding through December 31, 2018. Income from continuing operations for 2018 was $596,400, and loss on discontinued operations (net of income tax saving) was $20,000. Compute Faccio's earnings per share for 2018, starting with income from continuing operations. Round to the nearest cent. (Enter all EPS amounts to the nearest cent, $X.XX. Use parentheses or a minus sign for amounts reducing the income from continuing operations.) Begin by selecting the formula to compute the earnings per share. Earnings per share = (Net income-Preferred dividends)/ Weighted average number of common shares outstanding Now, compute Faccio's earnings per share for 2018, starting with income from continuing operations. Earnings per Share of Common Stock (40,000 shares outstanding): Income From Continuing Operations $ 14.90 (0.50) $14.40 Loss From Discontinued Operations Net Income

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