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Calculate company's reported diluted earning per share rounded to nearest penny. Larry Bakery company has issued each of its 50 executives 230 stock options. Each

Calculate company's reported diluted earning per share rounded to nearest penny. Larry Bakery company has issued each of its 50 executives 230 stock options. Each option has a fair value of 8.5 and exercise price $25. And are fully vested, 10 executives exercise their options on Jan 01,2021 when the market price for stock was $34 per share. The stock has a par value of $1. Provide Journal Entry

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