Which of the following statements relating to the standard deduction, if any, is correct? a. if a taxpayer dies during the year, his or her standard deduction must be prorated. b. if a taxpayer is claimed as a dependent of another, his or her additional standard deduction is allowed in full (i. e., no adjustment is necessary). c. if spouses file separate returns, both must claim the standard deduction (rather than itemize their deductions from agi). d. if a taxpayer is claimed as a dependent of another, no basic standard deduction is allowed. e. none of these.

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