11. Assume that Yuki Associates began the year with 77,000 outstanding shares and implemented a 5% stock dividend on January 1 of the current year. Yuki employees held 80,000 options that were granted on March 1. If exercised, there would be 24,000 incremental shares. On July 1, Yuki implemented a three-for-one stock split. Finally, on August 1, the company purchased 136,200 shares to be held in the treasury Requirement Compute the denominator for basic and diluted earnings per share. Assume the stock split also applies to the options. Complete the table below to compute the denominator for basic and diluted earnings per share (EPS). Assume the stock split also applies to the options. (Assume the options are dilutive. Combine the opening balance and the January 1 stock dividend on the first line of the table. Complete all answer boxes. Enter a "0" for any zero balances. Enter a decrease in shares with a minus sign or parentheses.) Number of Shares Weight by Number of Months Shares Are Outstanding Weighted Average Shares for Basic EPS Diluted EPS Date Event Beg. balance and stock dividend 1/1 3/1 Option exercise Subtotal before the stock split 7/1 3-1 Stock Split Subtotal after the stock split Treasury Stock Purchase 8/1 12/31 Balance