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A company had 115,000 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 115,000 shares of common stock outstanding on January 1 and then sold 25,000 additional shares on March 30. Net income for the year was $490,000. What are earnings per share? Multiple Choice $19.60. $3.66. $4.26. $3.50.

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