. Jasper Corp, has the following Stockholders Equity account balances and activity for Year 2....
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Accounting
. Jasper Corp, has the following Stockholders Equity account balances and activity for Year 2.
| Net income | $14,655,000 |
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| Retained earnings | $16,500,000 |
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| Preferred stock shares outstanding | 2,000 |
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| Common stock shares outstanding at January 1, Year 2 | 7,375,000 |
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| Additional Common shares issued at July 1, Year 2 | 30,000 |
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| 4-for-1 stock split at December 31, Year 2 |
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| Preferred Dividends | $10,000 |
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| Common Dividends | $75,000 |
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| Year 1 EPS | $3.60 |
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| Date | Shares | Portion of year | Weighted Average Shares |
| January 1, Y2 | 7,375,000 |
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| July 1, Y2 |
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| Weighted Average December 31 before split |
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| Stock split 4-for-1 |
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| *Total Weighted Average, 12/31/Y2 |
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Note: Year 1 restated |
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$3.60 / 4 =_____
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