You volunteer to participate in a game in which you are told that you and another participant, whom you will never meet but is playing nearby, must each make a decision: either to cooperate and benefit each of you, or to defect and benefit only yourself. depending on how you and the other person choose, you stand to receive a certain amount of money. you are participating in the game.

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation