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2020. The only potentially dlutive securities outstanding were 22,000 executive stock options issued during 2019, esch exerizable for cose share at 522.00, nore of these

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2020. The only potentially dlutive securities outstanding were 22,000 executive stock options issued during 2019, esch exerizable for cose share at 522.00, nore of these have been eserthed. The dverage market price of Wiahorses stock during 2020 was 527.50. (a) Compute diluted esrrings per shave. (Round ontwer to 2 decimal ploces, es. 2.55) Oluted earnings pershare 5 (b) Assume the same facts a5 those assumed for part (a). except that 10.000 additional cotions were issued on October 1,2020 . with an exertise price of $28.50 (the market peice of the common stock on that datel. The averase market price duries the bst 3 manths of 2020 was $31.00. Pound answer to 2 decimal places, es. 2.55J Dluted eamings per thare. 5 eTextbook and Media

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