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At January 1, 2021, Canaday Corporation had outstanding the following securities: 720 million common shares 45 million 8% cum

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Answut basic earnings for share Nel income Less: preferred dividends (84 x$50)x 95 million - Numerator, $1,524 million $180 mproceeds received on Exercise = 40 million x $14 = 560million No.d shares repurchased - $560 million 4630 - Osmillion Net incSO) Dilerted Eps = (13444 016) 747 +28+90 1560 865 = 1.81 .. Dikerted Eps = $1.81

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