4. Sheridan Travel had earnings after taxes of $960,000 in 20XX with 336,000 common shares outstanding. On January 1, 20XY, the firm issued 28,000 new common shares. There is a 24 percent increase in aftertax earnings resulting from the issue of the new shares.

a. Compute EPS for the year 20XX. (Round the final answer to 2 decimal places.)

EPS $

b. Compute EPS for the year 20XY. (Round the final answer to 2 decimal places.)

EPS