17. On January 1, 2013, Greene had 100,000 shares of common stock outstanding. The following transactions occurred during 2013:

The following transactions occurred during 2014: Required: Calculate Greenes basic earnings per share (rounded to 2 decimal places) for both years for presentation in comparative financial statements that will be prepared at the end of 2014.

Please include all dates and calculations

March 1: Reacquired 3,000 shares, accounted for as treasury stock. September 30: Sold all the treasury shares. December 1 Sold 12,000 new shares for cash. December 31: Reported a net income of $198,500. January 10 Declared and issued a 25% stock dividend. December 31: Reported a net income of $268,800. March 1: Reacquired 3,000 shares, accounted for as treasury stock. September 30: Sold all the treasury shares. December 1 Sold 12,000 new shares for cash. December 31: Reported a net income of $198,500. January 10 Declared and issued a 25% stock dividend. December 31: Reported a net income of $268,800