Exercise 14-14 LeDuc Construction Ltd. had 60,000 common shares and 20,000, $0.75 cumulative pre- ferred...
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Exercise 14-14 LeDuc Construction Ltd. had 60,000 common shares and 20,000, $0.75 cumulative pre- ferred shares outstanding 6,000 additional common shares and split the common shares 2 for 1 on December 1, 2017. There were no other share issuances and no share repurchases during the year ended December 31, 2017. Income for the year from continuing operations on discontinued operations (net of income tax) on December 31, 2016. On April 30, 2017, the company issued $70,000, and loss was $4,000. was Required Compute LeDuc Construction Ltd.'s EPS amounts for the year ended December 31, 2017
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