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A company reported net income for the year of $350,000. It began the year with 120,000 shares of stock outstanding and sold 30,000 additional shares

A company reported net income for the year of $350,000. It began the year with 120,000 shares of stock outstanding and sold 30,000 additional shares on September 1. The company reports on a calendar-year basis. The amount of earnings per share for the year was $

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