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Domus Realty Limited has 20,000 common shares issued and outstanding at January 1, 20X4. On July 1, the company sold an additional 10,000 common

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Domus Realty Limited has 20,000 common shares issued and outstanding at January 1, 20X4. On July 1, the company sold an additional 10,000 common shares for proceeds of $100,000. Net income for the year was $30,000. What would the earnings per share be? $1.20 $4.00 $1.00 $3.33

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