Comparative Earnings per Share

Lucas Company reports net income of $$2,520$ for the year ended December $31,2019,$ its first year of operations. On January $4,$

$2019,$ Lucas issued $9,000$ shares of common stock. On August $2,2019,$ it issued an additional $3,600$ shares of stock, resulting

in $12,600$ shares outstanding at year$-$end.

During $2020,$ Lucas earned net income of $$18,120.$ It issued $3,000$ additional shares of stock on March $3,2020,$ and declared

and issued a $2-$for$-1$ stock split on November $3,2020,$ resulting in $31,200$ shares outstanding at year$-$end.

During $2021,$ Lucas earned net income of $$29,952.$ The only common stock transaction during $2021$ was a $20\%$ stock dividend

issued on July $2,2021.$

If required, round your final answers to two decimal places.

Required:

Compute the basic earnings per share that would be disclosed in the $2019$ annual report.

$ per share

Compute the $2019$ and $2020$ comparative basic earnings per share that would be disclosed in the $2020$ annual report.

Compute the $2019,2020,$ and $2021$ comparative basic earnings per share that would be disclosed in the $2021$ annual report.

$2021$: $$,$ per share

$2020$: $

$2019$: $$,$ per share