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A company had 105,000 shares of common stock outstanding on January 1 and then sold 25,000 additional shares on March 30. Net income for the

A company had 105,000 shares of common stock outstanding on January 1 and then sold 25,000 additional shares on March 30. Net income for the year was $480,000. What are earnings per share? Select one: O a. $3.88 b. $19.20 O c. $3.69 d. $4.57

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