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Company Z ends 2020 with 1,150,000 shares outstanding and a complex capital structure Company Z has at the beginning of 2021 120,000 stock options outstanding

Company Z ends 2020 with 1,150,000 shares outstanding and a complex capital structure

Company Z has at the beginning of 2021 120,000 stock options outstanding and earned with an exercise price of $25 and on July 1 30,000 more options are earned with an exercise price of $30

Company Z also has 5,000 convertible bonds (1,000/bond face value) with an interest rate of 4.5% and can be converted to common stock at a rate of 40 shares per bond

During 2021 Company Z repurchased 16,000 shares on the market on May 1 and August 1 and net income was $2,850,000 before any dividends - average price for shares was $27 and tax rate is 20% What was the basic and fully diluted Earnings per Share in 2021.

Company Z for 2022 has net income of $3,140,000 and 20,000 stock options were exercised on Mar 1 from the old ones and they converted 1,000 bonds on December 1. Average price for shares was $34

What was the basic and fully diluted Earnings per Share in 2022?

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