Answer is complete but not entirely correct.As part of its executive compensation plan, Vertovec Incorporated granted $54,000$ of its no$-$par common shares to executives, subject to forfeiture if employment is terminated within three years. Vertovec$$s common shares have a market price of $$15$ per share on January $1,2023,$ the grant date of the restricted stock award, as well as on December $31,2024.475,000$ shares were outstanding at January $1,2024.$ Net income for $2024$ was $$380,000.$

Required:

Compute Vertovec$$s basic and diluted earnings per share for the year ended December $31,2024.$

Note: Do not round intermediate calculations. Enter your answers in thousands $($i$.$e$.,10,000$ should be entered as $10).$