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Assume that the following data relative to Kane Company for 2015 is available: Net Income $2.800.000 (a) Compute the basic earnings per share for 2015.

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Assume that the following data relative to Kane Company for 2015 is available: Net Income $2.800.000 (a) Compute the basic earnings per share for 2015. (Round to the nearest penny.) (b) Compute the diluted earnings per share for 2015. (Round to the nearest penny.)

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