I am having problems with some of the items and which category to list them under:
The problem is listed as follows: Presented below is information related to IVAN Calderon Corp for the year 2007.

Net Sales 1,300,000
Cost of Goods 780,000
Selling expenses 65,000
Administrative expenses 48,000
Dividend revenue 20,000
Interest revenue 7,000
---------------------------
Write off inventory due to obsolescence 80,000
Depreciation expense omitted by accident in 2006 55,000
Casualty loss (extraodinary item) before taxes 50,000
Cash dividends declared 45,000
Retained earnings at Dec 31. 2006 980,000
Effective tax rate of 34% on all items

Under the ------- I get "lost" I have posted the "write off inventory and depreciation expense omitted under the title of "OTHER EXPENSES AND LOSSES" but the other items I am at a loss.
Also, could you explain HOW TO CALCULATE EARNINGS PER SHARE... I have the formula.. Net income(divided by) the weighted average of the common shares of outstanding common shares outstanding= EPS. WHICH sounds great... but I can not seems to locate the weighted average of the common shared of outstanding common to calculate the formula. If you have a easier method please share.

Thanks for your assistance

EPS:

How many outstanding shares does this company have?

Have they added any new ones or bought back any during the year? If no, then the original number of shares at the beginning of the year is your weighted average.

60,000 shares of common stock are outstanding