(Answered) Comparative statements of retained earnings for renn-dever

Accounting

Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2009, 2010, and 2011.

At December 31, 2008, paid-in capital consisted of the following:

Common Stock, 1,855,000 shares at $1 par .... $1,855,000
Paid In Capital----Excess of par ......... 7,420,000

No preferred stock or potential common shares were outstanding during any of the periods shown.

Required:

Compute Renn-Dever's earnings per share as it would have appeared in income statements for the years ended December 3l, 2009, 2010, and 2011.

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