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Assume that Bromley Associates began the year with 79,000 outstanding shares and implemented a 5% stock dividend on January 1 of the current year. Bromley employees held 80,000 options that were granted on February 1. If exercised, there would be 15,600 incremental shares. On June 1, Bromley implemented a 3-for-1 stock split. Finally, on November 1, the company purchased 134,400 shares to be held in the treasury. Requirement Compute the denominator for basic and diluted earnings per share. Assume that 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 that 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.) Weight by Weighted-Average Shares for Number Number of Months Shares Are Outstanding Date Event of Shares Basic EPS Diluted EPS Beg. balance and stock dividend 1/1 2/1 Option exercise Subtotal before the stock split 6/1 3-1 Stock Split Subtotal after the stock split 11/1 Treasury Stock Purchase 12/31 Balance