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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

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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 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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