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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not Indicate Exercise

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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not Indicate Exercise 19-12 (Algo) EPS; shares issued; stock dividend (L019-5, 19-6) For the year ended December 31, 2021, Norstar Industries reported net income of $925,000. At January 1, 2021, the company had 800,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 45,000 shares in a publie offering. May 24 Declared and distributed a 5 stock dividend. June 1 Issued 42,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) Answer is complete but not entirely correct. Numerator Denominator Earnings per Share 925,000 12 94,500 9.79 24

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