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Allen Lumber Company had earnings after taxes of $630000 in the year 2009 with 380, 000 shares outstanding on December 31, 2009 on January 1,

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Allen Lumber Company had earnings after taxes of $630000 in the year 2009 with 380, 000 shares outstanding on December 31, 2009 on January 1, 2010 the firm issued 29,000 new shares. because of the proceeds from these new shares and other improvements. 2010 after taxes were 21 percent higher than in 2009 Earnings per share for the year 2010 were(round your answer to 2 decimal places.)

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