DIRECTIONS
The comparative statements of shareholders' equity for Company A are shown below. They follow the fiscal years ending December 31, 2019, 2020, and 2021. Using the statements as the guide, compute earnings per share (EPS) as they would have appeared on the income statements for: December 31, 2019 December 31, 2020 December 31, 2021 No potential common shares were outstanding during any of the periods shown above.
	COMPANY A
	Statements of Shareholders' Equity
	For the Years Ended December 31, 2019, 2020, and 2021
	($ in millions)
						Total
		Preferred	Common	Additional		Share-
		Stock, $10	Stock, $1	Paid-in	Retained	holders'
		par	par	Capital	Earnings	Equity
	Balance at Jan. 1, 2019		55	495	1,878	2,428
	Sale of preferred shares	10		470		480
	Sale of common shares, 7/1		9	81		90
	Cash dividend, preferred				(1)	(1)
	Cash dividend, common				(16)	(16)
	Net income				290	290
	Balance at Dec. 31, 2019	10	64	1,046	2,151	3,271
	Retirement of common shares, 4/1		(4)	(36)	(20)	(60)
	Cash dividend, preferred				(1)	(1)
	Cash dividend, common				(20)	(20)
	3-for-2 split as common stock dividend 8/1		30	(30)		-
	Net income				380	380
	Balance at Dec. 31, 2020	10	90	980	2,490	3,570
	10% common stock dividend, 5/1		9	90	(99)	-
	Sale of common shares, 9/1		3	31		34
	Cash dividend, preferred				(2)	(2)
	Cash dividend, common				(22)	(22)
	Net income				412	412
	Balance at Dec. 31, 2021	10	102	1,101	2,779	3,992

COMPANY A Earnings Per Share (\$ in millions, except per share amounts) 2019 Net income Preferred Dividends Shares at Jan 1 New Shares % of Year for New Shares Adjusted new shares Earnings per share \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Fill in the yellow cells only. Be sure to use cell referencing correctly. \begin{tabular}{|c|} \hline 2020 \\ \hline Net income \\ \hline Preferred Dividends \\ \hline Shares at Jan 1 \\ \hline Retired shares \\ \hline% of year for retired shares \\ \hline Adjusted retired shares \\ \hline Stock split factor \\ \hline Earnings per share \\ \hline 2021 \\ \hline Net income \\ \hline Preferred Dividends \\ \hline Shares at Jan 1 \\ \hline New Shares \\ \hline% of Year for New Shares \\ \hline Adjusted new shares \\ \hline Stock dividend factor \\ \hline Earnings per share \\ \hline \end{tabular}